$5,580 Closing Credit*
$469,900
3,372 SqFt
4 Beds
•2 Full Baths, 1 Partial
Seth M Hueter, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is East Manchester Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, East Manchester Township was a Neutral Market.
Key Takeaway
East Manchester Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Manchester Township, PA
How much do homes in East Manchester Township, PA cost?
Median Sold Price
$315,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$40,000(+14.5%)
Key Takeaway
Homes in East Manchester Township have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in East Manchester Township was $315,000 in August 2024, up 14.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $206.5K | $170K | -17.7% |
| 3 Bedrooms | $269.9K | $272.2K | +0.9% |
| 4 Bedrooms | $350.5K | $370K | +5.6% |
| 5+ Bedrooms | $651.2K | $549K | -15.7% |
Summary: East Manchester Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Cities
| East Manchester Township | $275K | $315K | +14.5% |
| Manchester | $229.1K | $239K | +4.3% |
Housing Supply in East Manchester Township, PA
How many homes are available in East Manchester Township, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The East Manchester Township real estate market had 23 homes for sale in August 2024, a 15.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The East Manchester 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 increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Manchester Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in East Manchester Township in August 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for East Manchester Township, PA
How long does it take to sell a home in East Manchester Township, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 11 Days | 14 Days | +27.4% |
Summary: Homes in East Manchester Township had an average of 14 days on market in Aug 2024, up by 27.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Manchester Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in East Manchester Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
