Is Codorus Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Codorus Township was a Seller's Market.
Key Takeaway
Codorus Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Codorus Township, PA
How much do homes in Codorus Township, PA cost?
Median Sold Price
$323,990
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Codorus Township have sold for 15.3% less than they did a year ago.
Summary: The median home sold price in Codorus Township was $323,990 in May 2024, down 15.3% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137K | - | N/A |
| 2 Bedrooms | $240K | - | N/A |
| 3 Bedrooms | $359.9K | $282K | -21.6% |
| 4 Bedrooms | $407.5K | $335K | -17.8% |
| 5+ Bedrooms | $429.9K | $412.5K | -4.0% |
Summary: Codorus Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.6%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
| Manheim Township | $307K | $315K | +2.6% |
| Shrewsbury Township | $334.5K | $332K | -0.7% |
| Codorus Township | $382.5K | $323.9K | -15.3% |
Housing Supply in Codorus Township, PA
How many homes are available in Codorus Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 27 | +125.0% |
Summary: The Codorus Township real estate market had 27 homes for sale in May 2024, a 125.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 10 | 21 | +110.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Codorus Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 110%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Codorus Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Codorus Township in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Codorus Township, PA
How long does it take to sell a home in Codorus Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 5 Days | -25.0% |
Summary: Homes in Codorus Township had an average of 5 days on market in May 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Codorus Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Codorus Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
