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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Manchester Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in East Manchester Township, PA

How much do homes in East Manchester Township, PA cost?

Median Sold Price

$305,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$30,000(+10.9%)

Key Takeaway

Homes in East Manchester Township have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in East Manchester Township was $305,000 in September 2024, up 10.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $205.4K$170K
-17.3%
3 $265K$280K
+5.7%
4 $350K$370K
+5.7%
5+ $651.2K$549K
-15.7%

Summary: East Manchester Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 15.7%.

Median Sold Price Compared To Nearby Cities

Conoy Township
+17.0%
Bainbridge
+16.0%
Manchester
+15.8%
East Manchester Township
+10.9%
Mount Wolf
+9.1%

Housing Supply in East Manchester Township, PA

How many homes are available in East Manchester Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2328+21.7%

Summary: The East Manchester Township real estate market had 28 homes for sale in September 2024, a 21.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 68
+33.3%
4 1518
+20.0%
5+ 11
0.0%

Summary: The East Manchester Township housing inventory by bedroom type for September 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 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Manchester Township, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in East Manchester Township in September 2024, up by 25.0% 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 East Manchester Township, PA

How long does it take to sell a home in East Manchester Township, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
13 Days11 Days-9.2%

Summary: Homes in East Manchester Township had an average of 11 days on market in Sep 2024, down by 9.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 5 homes were sold in East Manchester Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

Newest Listings in East Manchester Township, PA

Nearby Markets to East Manchester Township, PA

What housing markets are near East Manchester Township, PA?