Is South Heidelberg 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, South Heidelberg Township was a Seller's Market.
Housing Prices in South Heidelberg Township, PA
How much do homes in South Heidelberg Township, PA cost?
Median Sold Price
$355,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Heidelberg Township was $355,000 in May 2024, up 9.2% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $131K | $157.5K | +20.2% |
2 Bedrooms | $282.6K | $176.2K | -37.7% |
3 Bedrooms | $270.5K | $290K | +7.2% |
4 Bedrooms | $388.9K | $420K | +8.0% |
5+ Bedrooms | $532.5K | $405K | -23.9% |
Summary: South Heidelberg Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes decreased by 37.7%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 23.9%.
Median Sold Price Compared To Nearby Cities
Sinking Spring | $255K | $294.9K | +15.6% |
South Heidelberg Township | $325.1K | $355K | +9.2% |
Spring Township | $295K | $299.8K | +1.6% |
Wernersville | $278.8K | $277.4K | -0.5% |
Housing Supply in South Heidelberg Township, PA
How many homes are available in South Heidelberg Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Summary: The South Heidelberg Township real estate market had 15 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The South Heidelberg Township 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in South Heidelberg Township in May 2024, down by 33.3% 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 South Heidelberg Township, PA
How long does it take to sell a home in South Heidelberg Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 28 Days | -51.9% |
Summary: Homes in South Heidelberg Township had an average of 28 days on market in May 2024, down by 51.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in South Heidelberg Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.