Is Boiling Springs, 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, Boiling Springs was a Seller's Market.
Key Takeaway
Boiling Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Boiling Springs, PA
How much do homes in Boiling Springs, PA cost?
Median Sold Price
$388,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Boiling Springs has remained the same since last year.
Summary: The median home sold price in Boiling Springs was $388,500 in April 2024, up 0.4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170.2K | $175K | +2.8% |
| 3 Bedrooms | $397.2K | $300K | -24.5% |
| 4 Bedrooms | $387K | $450K | +16.3% |
| 5+ Bedrooms | $464.5K | $476K | +2.5% |
Summary: Boiling Springs 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 2.8%, 3 bedroom homes decreased by 24.5%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Monroe Township | $377.5K | $400K | +6.0% |
| Carroll Township | $415K | $419K | +1.0% |
| Boiling Springs | $387K | $388.5K | 0.4% |
| South Middleton Township | $330K | $331K | 0.3% |
| Franklin Township | $312K | $255K | -18.3% |
Housing Supply in Boiling Springs, PA
How many homes are available in Boiling Springs, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Boiling Springs real estate market had 10 homes for sale in April 2024, a 9.1% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Boiling Springs 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 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Boiling Springs, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Boiling Springs in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Boiling Springs, PA
How long does it take to sell a home in Boiling Springs, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 4 Days | -93.2% |
Summary: Homes in Boiling Springs had an average of 4 days on market in Apr 2024, down by 93.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Boiling Springs are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Boiling Springs; 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.
