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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conestoga Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Conestoga Township, PA cost?

Median Sold Price

$305,800

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$20,300(+7.1%)

Key Takeaway

Homes in Conestoga Township have sold for 7.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 -$582.4K
N/A
3 $271K$276K
+1.8%
4 $303.5K$337.4K
+11.2%
5+ $410K-
N/A

Median Sold Price Compared To Nearby Cities

Conestoga
+11.3%
Pequea Township
+9.1%
Conestoga Township
+7.1%
Pequea
+3.4%
Martic Township
-0.2%

How many homes are available in Conestoga Township, PA?

Number of Homes For Sale

Oct 2022Nov 2022%
1513-13.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 88
0.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conestoga Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
7 Days21 Days+186.7%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Conestoga Township, PA

Conestoga Township, PA has 13 homes on the market. The inventory of homes for sale in Conestoga Township, PA between October 2022 and November 2022 decreased by 13.3%. While the average time on the market in November 2022 was 21 days, the median list price was $305,800. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties prices increased by 1.8%, the cost of 4 bedrooms properties went up by 11.2%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, volume of 3 bedrooms homes went down by 33.3%, 4 bedrooms homes inventory did not change, the quantity of 5 bedrooms homes have not changed. While more than 4 listings in Conestoga Township, PA in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.

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