Is Hellam 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, Hellam Township was a Seller's Market.
Key Takeaway
Hellam Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hellam Township, PA
How much do homes in Hellam Township, PA cost?
Median Sold Price
$275,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hellam Township have sold for 10% more than they did a year ago.
Summary: The median home sold price in Hellam Township was $275,000 in May 2024, up 10% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.5K | - | N/A |
| 2 Bedrooms | $253K | $208.5K | -17.6% |
| 3 Bedrooms | $234.2K | $260K | +11.0% |
| 4 Bedrooms | $441.8K | $453K | +2.5% |
| 5+ Bedrooms | $294.9K | $465K | +57.7% |
Summary: Hellam 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 decreased by 17.6%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 57.7%.
Median Sold Price Compared To Nearby Cities
| Lower Windsor Township | $260K | $299.9K | +15.4% |
| Wrightsville | $220K | $245K | +11.4% |
| Hellam Township | $250K | $275K | +10.0% |
| East Donegal Township | $310K | $323.3K | +4.3% |
Housing Supply in Hellam Township, PA
How many homes are available in Hellam Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Summary: The Hellam Township real estate market had 13 homes for sale in May 2024, a 62.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Hellam 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hellam Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hellam Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hellam Township, PA
How long does it take to sell a home in Hellam Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 4 Days | 3 Days | -25.0% |
Summary: Homes in Hellam Township had an average of 3 days on market in May 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hellam Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Hellam 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.
