Is Hempfield Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hempfield Township was a Neutral Market.
Housing Prices in Hempfield Township, PA
How much do homes in Hempfield Township, PA cost?
Median Sold Price
$166,500
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hempfield Township was $166,500 in April 2024, down 8.9% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $41K | N/A |
2 Bedrooms | $90K | $76K | -15.6% |
3 Bedrooms | $155.9K | $175K | +12.3% |
4 Bedrooms | $239.9K | $234.2K | -2.4% |
5+ Bedrooms | - | $425K | N/A |
Summary: Hempfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Greenville | $106K | $128K | +20.8% |
Hempfield Township | $182.7K | $166.5K | -8.9% |
Housing Supply in Hempfield Township, PA
How many homes are available in Hempfield Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Summary: The Hempfield Township real estate market had 15 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hempfield Township housing inventory by bedroom type for April 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 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hempfield Township in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Hempfield Township, PA
How long does it take to sell a home in Hempfield Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
144 Days | 112 Days | -21.7% |
Summary: Homes in Hempfield Township had an average of 112 days on market in Apr 2024, down by 21.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Hempfield Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.