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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chanceford Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Chanceford Township was a Seller's Market.

Key Takeaway

Chanceford Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Chanceford Township, PA

How much do homes in Chanceford Township, PA cost?

Median Sold Price

$275,000

$202/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$42,000(-13.2%)

Key Takeaway

Homes in Chanceford Township have sold for 13.2% less than they did a month ago.

Summary: The median home sold price in Chanceford Township was $275,000 in September 2024, down 13.2% from last month, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $276K$275K
-0.4%
4 $450K-
N/A
5+ --
N/A

Summary: Chanceford Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Felton
+66.7%
Chanceford Township
-13.2%

Housing Supply in Chanceford Township, PA

How many homes are available in Chanceford Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1213+8.3%

Summary: The Chanceford Township real estate market had 13 homes for sale in September 2024, a 8.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 88
0.0%
4 32
-33.3%
5+ 01
+100.0%

Summary: The Chanceford 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 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chanceford Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chanceford Township in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chanceford Township, PA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
4 Days12 Days+212.5%

Summary: Homes in Chanceford Township had an average of 12 days on market in Sep 2024, up by 212.5% compared to last month.

Breakdown of Home Sale Times

2 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 Chanceford Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Chanceford 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 30 Days Ago

Newest Listings in Chanceford Township, PA

Nearby Markets to Chanceford Township, PA

What housing markets are near Chanceford Township, PA?