Is Myerstown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Myerstown has remained a Seller's Market.
Housing Prices in Myerstown, PA
How much do homes in Myerstown, PA cost?
Median Sold Price
$265,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Myerstown was $265,000 in April 2024, up 21.8% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $162.9K | $225K | +38.1% |
3 Bedrooms | $225.5K | $240K | +6.4% |
4 Bedrooms | $430K | $360K | -16.3% |
5+ Bedrooms | $368.2K | $267.5K | -27.4% |
Summary: Myerstown 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 increased by 38.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 27.4%.
Median Sold Price Compared To Nearby Cities
Myerstown | $217.5K | $265K | +21.8% |
Jackson Township | $250K | $273.5K | +9.4% |
Housing Supply in Myerstown, PA
How many homes are available in Myerstown, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 41 | +5.1% |
Summary: The Myerstown real estate market had 41 homes for sale in April 2024, a 5.1% 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 | 9 | 9 | 0.0% |
3 Bedrooms | 26 | 29 | +11.5% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Myerstown 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 11.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Myerstown in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for Myerstown, PA
How long does it take to sell a home in Myerstown, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 12 Days | -17.0% |
Summary: Homes in Myerstown had an average of 12 days on market in Apr 2024, down by 17% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Myerstown; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.