Is Annville Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Annville Township was a Neutral Market.
Key Takeaway
Annville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Annville Township, PA
How much do homes in Annville Township, PA cost?
Median Sold Price
$320,000
$188/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Annville Township have sold for 33.5% less than they did a month ago.
Summary: The median home sold price in Annville Township was $320,000 in March 2024, down 33.5% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $253.9K | $281.5K | +10.8% |
| 3 Bedrooms | $385K | $320K | -16.9% |
| 4 Bedrooms | $580K | $382.5K | -34.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Annville Township 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 16.9%, 4 bedroom homes decreased by 34.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Annville Township | $337.9K | $320K | -5.3% |
| Annville Township | $481K | $320K | -33.5% |
| Annville | $481K | $300.7K | -37.5% |
Housing Supply in Annville Township, PA
How many homes are available in Annville Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 40 | +5.3% |
Summary: The Annville Township real estate market had 40 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 21 | 28 | +33.3% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Annville Township 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 33.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Annville Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Annville Township in March 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Annville Township, PA
How long does it take to sell a home in Annville Township, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 6 Days | -86.6% |
Summary: Homes in Annville Township had an average of 6 days on market in Mar 2024, down by 86.6% compared to last month.
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 Annville Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Annville 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.
