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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alsace Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Alsace Township, PA

How much do homes in Alsace Township, PA cost?

Median Sold Price

$315,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$40,000(+14.5%)

Key Takeaway

Homes in Alsace Township have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Alsace Township was $315,000 in September 2024, up 14.5% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $205.9K-
N/A
2 $209.5K$282.5K
+34.8%
3 $281K$299.9K
+6.7%
4 $390K$424.9K
+8.9%
5+ -$714.9K
N/A

Summary: Alsace Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Oley Township
+20.9%
Alsace Township
+14.5%
Muhlenberg Township
+3.3%
Temple
+2.2%
Ruscombmanor Township
-2.6%

Housing Supply in Alsace Township, PA

How many homes are available in Alsace Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1211-8.3%

Summary: The Alsace Township real estate market had 11 homes for sale in September 2024, a 8.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 66
0.0%
4 42
-50.0%
5+ 11
0.0%

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

Number of Homes Sold

Aug 2024Sep 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alsace Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Alsace Township in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Alsace Township, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
11 Days8 Days-26.2%

Summary: Homes in Alsace Township had an average of 8 days on market in Sep 2024, down by 26.2% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in Alsace 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 Sep 1, 2024

Newest Listings in Alsace Township, PA

Nearby Markets to Alsace Township, PA

What housing markets are near Alsace Township, PA?