Is Chestnuthill Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Chestnuthill Township was a Seller's Market.
Key Takeaway
Chestnuthill Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chestnuthill Township, PA
How much do homes in Chestnuthill Township, PA cost?
Median Sold Price
$329,900
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Chestnuthill Township have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Chestnuthill Township was $329,900 in March 2024, up 7.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $205K | -8.9% |
| 3 Bedrooms | $307K | $310K | +1.0% |
| 4 Bedrooms | $349.9K | $380K | +8.6% |
| 5+ Bedrooms | $235K | $425K | +80.9% |
Summary: Chestnuthill Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.9%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 80.9%.
Median Sold Price Compared To Nearby Cities
| Effort | $300K | $324.7K | +8.3% |
| Chestnuthill Township | $307K | $329.9K | +7.5% |
Housing Supply in Chestnuthill Township, PA
How many homes are available in Chestnuthill Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The Chestnuthill Township real estate market had 28 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Chestnuthill 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 remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chestnuthill Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Chestnuthill Township in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chestnuthill Township, PA
How long does it take to sell a home in Chestnuthill Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 52 Days | +37.4% |
Summary: Homes in Chestnuthill Township had an average of 52 days on market in Mar 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chestnuthill Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Chestnuthill Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
