Is Annville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Annville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Annville was a Neutral Market.

Key Takeaway

Annville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Annville, PA

How much do homes in Annville, PA cost?

Median Sold Price

$300,750

$169/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$180,250(-37.5%)

Key Takeaway

Homes in Annville have sold for 37.5% less than they did a month ago.

Summary: The median home sold price in Annville was $300,750 in March 2024, down 37.5% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $253.9K$281.5K
+10.8%
3 $385K$235K
-39.0%
4 $580K$382.5K
-34.1%
5+ --
N/A

Summary: Annville housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes decreased by 39%, 4 bedroom homes decreased by 34.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Annville Township
-0.2%
Annville Township
-33.5%
Annville
-37.5%

Housing Supply in Annville, PA

How many homes are available in Annville, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4143+4.9%

Summary: The Annville real estate market had 43 homes for sale in March 2024, a 4.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 52
-60.0%
3 2330
+30.4%
4 119
-18.2%
5+ 22
0.0%

Summary: The Annville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 30.4%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
64-33.3%

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 Annville, 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 Annville in March 2024, down by 33.3% 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 Annville, PA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
49 Days7 Days-84.4%

Summary: Homes in Annville had an average of 7 days on market in Mar 2024, down by 84.4% compared to last month.

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 Annville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Annville; 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 23 Days Ago

Newest Listings in Annville, PA

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