Is Hellam Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hellam Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Hellam Township has remained a Seller's Market.

Key Takeaway

Hellam Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hellam Township, PA

How much do homes in Hellam Township, PA cost?

Median Sold Price

$319,450

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$68,200(+27.1%)

Key Takeaway

Homes in Hellam Township have sold for 27.1% more than they did a year ago.

Summary: The median home sold price in Hellam Township was $319,450 in April 2024, up 27.1% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $103.5K-
N/A
2 $235K$221.1K
-5.9%
3 $241K$253.2K
+5.1%
4 $500K$456K
-8.8%
5+ $464.9K$465K
0.0%

Summary: Hellam 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 5.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hellam Township
+27.1%
Hallam
+27.0%
Wrightsville
+19.8%
Lower Windsor Township
+17.2%
East Donegal Township
+4.3%

Housing Supply in Hellam Township, PA

How many homes are available in Hellam Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87-12.5%

Summary: The Hellam Township real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 21
-50.0%
3 54
-20.0%
4 10
-100.0%
5+ 01
+100.0%

Summary: The Hellam Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hellam Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Hellam Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hellam Township, PA

How long does it take to sell a home in Hellam Township, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days5 Days+43.2%

Summary: Homes in Hellam Township had an average of 5 days on market in Apr 2024, up by 43.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hellam Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Hellam 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Hellam Township, PA

Nearby Markets to Hellam Township, PA

What housing markets are near Hellam Township, PA?