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
Since last year, Conewago Township has remained a Seller's Market.
Housing Prices in Conewago Township, PA
How much do homes in Conewago Township, PA cost?
Median Sold Price
$250,000
$162/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 $250,000 in March 2024, down 3.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | - | N/A |
2 Bedrooms | $187.7K | $210K | +11.9% |
3 Bedrooms | $237.4K | $255K | +7.4% |
4 Bedrooms | $390K | $260K | -33.3% |
5+ Bedrooms | $389.9K | $332.4K | -14.7% |
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 11.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
Hanover | $225K | $272.5K | +21.1% |
Mc Sherrystown | $205K | $229.9K | +12.1% |
McSherrystown | $195K | $217.5K | +11.5% |
Conewago Township | $258K | $250K | -3.1% |
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 |
---|---|---|
18 | 23 | +27.8% |
Summary: The Conewago Township real estate market had 23 homes for sale in March 2024, a 27.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 10 | 17 | +70.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
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 increased by 70%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Conewago Township in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% 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 |
---|---|---|
26 Days | 66 Days | +155.4% |
Summary: Homes in Conewago Township had an average of 66 days on market in Mar 2024, up by 155.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Conewago Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.