Is Mount Holly Springs, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mount Holly Springs has remained a Seller's Market.
Key Takeaway
Mount Holly Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Holly Springs, PA
How much do homes in Mount Holly Springs, PA cost?
Median Sold Price
$268,500
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mount Holly Springs have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Mount Holly Springs was $268,500 in May 2024, up 7.4% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.1K | - | N/A |
| 2 Bedrooms | $176K | $183.4K | +4.2% |
| 3 Bedrooms | $270K | $254.9K | -5.6% |
| 4 Bedrooms | $350K | $385K | +10.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mount Holly Springs 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 increased by 4.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mount Holly Springs | $250K | $268.5K | +7.4% |
| Gardners | $237.5K | $240K | +1.1% |
| South Middleton Township | $360K | $323.7K | -10.1% |
Housing Supply in Mount Holly Springs, PA
How many homes are available in Mount Holly Springs, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Mount Holly Springs real estate market had 9 homes for sale in May 2024, a 10.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mount Holly Springs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
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 Mount Holly Springs, 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 Mount Holly Springs 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 Mount Holly Springs, PA
How long does it take to sell a home in Mount Holly Springs, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 69 Days | +124.2% |
Summary: Homes in Mount Holly Springs had an average of 69 days on market in May 2024, up by 124.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mount Holly Springs are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Mount Holly Springs; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
