Is Lower Heidelberg 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, Lower Heidelberg Township was a Buyer's Market.
Key Takeaway
Lower Heidelberg Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lower Heidelberg Township, PA
How much do homes in Lower Heidelberg Township, PA cost?
Median Sold Price
$540,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lower Heidelberg Township have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Lower Heidelberg Township was $540,500 in April 2024, up 1.1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $359.9K | $360K | 0.0% |
| 3 Bedrooms | $450K | $339K | -24.7% |
| 4 Bedrooms | $540.6K | $555K | +2.7% |
| 5+ Bedrooms | $600K | $573.7K | -4.4% |
Summary: Lower Heidelberg 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 did not change, 3 bedroom homes decreased by 24.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Spring Township | $292K | $302.9K | +3.8% |
| Lower Heidelberg Township | $534.6K | $540.5K | +1.1% |
Housing Supply in Lower Heidelberg Township, PA
How many homes are available in Lower Heidelberg Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The Lower Heidelberg Township real estate market had 20 homes for sale in April 2024, a 4.8% decrease 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Lower Heidelberg 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 decreased by 100%, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Heidelberg Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lower Heidelberg Township in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Lower Heidelberg Township, PA
How long does it take to sell a home in Lower Heidelberg Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 6 Days | -70.7% |
Summary: Homes in Lower Heidelberg Township had an average of 6 days on market in Apr 2024, down by 70.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lower Heidelberg Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Lower Heidelberg 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.
