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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Codorus Township is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Codorus Township has remained a Seller's Market.

Key Takeaway

Codorus Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Codorus Township, PA

How much do homes in Codorus Township, PA cost?

Median Sold Price

$335,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$27,450(-7.6%)

Key Takeaway

Homes in Codorus Township have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in Codorus Township was $335,000 in February 2024, down 7.6% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $137K-
N/A
2 -$240K
N/A
3 $302.5K$274.5K
-9.3%
4 $400K$343.1K
-14.2%
5+ $422.4K$412.5K
-2.4%

Summary: Codorus Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Shrewsbury Township
-2.7%
Manheim Township
-6.0%
Codorus Township
-7.6%

Housing Supply in Codorus Township, PA

How many homes are available in Codorus Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1715-11.8%

Summary: The Codorus Township real estate market had 15 homes for sale in February 2024, a 11.8% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 1210
-16.7%
5+ 01
+100.0%

Summary: The Codorus Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Codorus Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Codorus Township in February 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Codorus Township, PA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
11 Days41 Days+275.8%

Summary: Homes in Codorus Township had an average of 41 days on market in Feb 2024, up by 275.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Codorus Township has remained consistent over time.

Summary: During February 2024, 3 homes were sold in Codorus Township; 33% of homes were sold within 30 days, 67% 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 27 Days Ago

Newest Listings in Codorus Township, PA

Nearby Markets to Codorus Township, PA

What housing markets are near Codorus Township, PA?