Is Conewago 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, Conewago Township was a Buyer's Market.
Housing Prices in Conewago Township, PA
How much do homes in Conewago Township, PA cost?
Median Sold Price
$314,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Conewago Township was $314,000 in March 2024, up 23.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $142K | $215K | +51.4% |
3 Bedrooms | $247.9K | $234.9K | -5.3% |
4 Bedrooms | $339.2K | $379.9K | +12.0% |
5+ Bedrooms | $400K | $389.9K | -2.5% |
Summary: Conewago 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 increased by 51.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
Conewago Township | $254.9K | $314K | +23.1% |
Dover Township | $244.7K | $269.3K | +10.0% |
Newberry Township | $271.5K | $275K | +1.3% |
East Manchester Township | $298.7K | $289.9K | -2.9% |
Manchester Township | $270K | $260.6K | -3.5% |
Housing Supply in Conewago Township, PA
How many homes are available in Conewago Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 47 | 0.0% |
Summary: The Conewago Township real estate market had 47 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 | 1 | 1 | 0.0% |
3 Bedrooms | 31 | 30 | -3.2% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Conewago 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 decreased by 3.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Conewago Township in March 2024, up by 140.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Conewago Township, PA
How long does it take to sell a home in Conewago Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 19 Days | -65.1% |
Summary: Homes in Conewago Township had an average of 19 days on market in Mar 2024, down by 65.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Conewago Township; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.