Is Stewartstown, 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, Stewartstown has remained a Seller's Market.
Key Takeaway
Stewartstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stewartstown, PA
How much do homes in Stewartstown, PA cost?
Median Sold Price
$369,989
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Stewartstown have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Stewartstown was $369,989 in May 2024, up 8.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $220K | -10.2% |
| 3 Bedrooms | $360K | $369.9K | +2.8% |
| 4 Bedrooms | $385K | $389.9K | +1.3% |
| 5+ Bedrooms | $405K | $480K | +18.5% |
Summary: Stewartstown 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 10.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Stewartstown | $340K | $369.9K | +8.8% |
| Hopewell Township | $363.5K | $370K | +1.8% |
Housing Supply in Stewartstown, PA
How many homes are available in Stewartstown, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 45 | 0.0% |
Summary: The Stewartstown real estate market had 45 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 29 | 27 | -6.9% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Stewartstown 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 remained the same, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stewartstown, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Stewartstown in May 2024, up by 33.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 42% were sold at asking, and 42% were sold over asking.
Days on Market for Stewartstown, PA
How long does it take to sell a home in Stewartstown, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 67 Days | 42 Days | -37.0% |
Summary: Homes in Stewartstown had an average of 42 days on market in May 2024, down by 37% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stewartstown are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Stewartstown; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
