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 Last Month

Since last month, 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

$268,000

$212/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$69,740(-20.6%)

Key Takeaway

Homes in Codorus Township have sold for 20.6% less than they did a month ago.

Summary: The median home sold price in Codorus Township was $268,000 in August 2024, down 20.6% from last month, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 -$206.5K
N/A
4 $337.7K$575K
+70.2%
5+ --
N/A

Summary: Codorus Township housing prices by bedroom type for August 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 did not change, 4 bedroom homes increased by 70.2%, and 5+ bedroom homes did not change.

Housing Supply in Codorus Township, PA

How many homes are available in Codorus Township, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1912-36.8%

Summary: The Codorus Township real estate market had 12 homes for sale in August 2024, a 36.8% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 00
0.0%
3 37
+133.3%
4 143
-78.6%
5+ 11
0.0%

Summary: The Codorus Township housing inventory by bedroom type for August 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 133.3%, 4 bedroom homes decreased by 78.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
123-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Codorus Township in August 2024, down by 75.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% 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

Jul 2024Aug 2024CHANGE
22 Days59 Days+165.2%

Summary: Homes in Codorus Township had an average of 59 days on market in Aug 2024, up by 165.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Codorus Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 3 homes were sold in Codorus Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 13 Days Ago

Newest Listings in Codorus Township, PA

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What housing markets are near Codorus Township, PA?