Is West Hempfield 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, West Hempfield Township was a Neutral Market.
Housing Prices in West Hempfield Township, PA
How much do homes in West Hempfield Township, PA cost?
Median Sold Price
$340,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Hempfield Township was $340,000 in May 2024, up 10.4% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $155K | N/A |
2 Bedrooms | $211.5K | $215K | +1.7% |
3 Bedrooms | $287.5K | $311K | +8.2% |
4 Bedrooms | $388.2K | $415K | +6.9% |
5+ Bedrooms | $404.7K | $380K | -6.1% |
Summary: West Hempfield 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 increased by 1.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
Mountville | $286.6K | $320K | +11.7% |
Wrightsville | $220K | $245K | +11.4% |
West Hempfield Township | $308K | $340K | +10.4% |
Columbia | $215K | $225K | +4.7% |
East Donegal Township | $310K | $323.3K | +4.3% |
Housing Supply in West Hempfield Township, PA
How many homes are available in West Hempfield Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 31 | +34.8% |
Summary: The West Hempfield Township real estate market had 31 homes for sale in May 2024, a 34.8% increase 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 | 4 | 4 | 0.0% |
3 Bedrooms | 11 | 13 | +18.2% |
4 Bedrooms | 3 | 9 | +200.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The West Hempfield 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 remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in West Hempfield Township in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for West Hempfield Township, PA
How long does it take to sell a home in West Hempfield Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
4 Days | 9 Days | +96.4% |
Summary: Homes in West Hempfield Township had an average of 9 days on market in May 2024, up by 96.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in West Hempfield 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.