Is Granville Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Granville Township has remained a Seller's Market.
Key Takeaway
Granville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Granville Township, PA
How much do homes in Granville Township, PA cost?
Median Sold Price
$150,000
$83/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Granville Township have sold for 115.8% more than they did a month ago.
Summary: The median home sold price in Granville Township was $150,000 in March 2024, up 115.8% from last month, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $70K | -22.2% |
| 2 Bedrooms | - | $58.5K | N/A |
| 3 Bedrooms | $49K | $226.5K | +362.2% |
| 4 Bedrooms | $42.5K | $220K | +417.6% |
| 5+ Bedrooms | $350K | $282.5K | -19.3% |
Summary: Granville Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 362.2%, 4 bedroom homes increased by 417.6%, and 5+ bedroom homes decreased by 19.3%.
Housing Supply in Granville Township, PA
How many homes are available in Granville Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Summary: The Granville Township real estate market had 13 homes for sale in March 2024, a 13.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Granville Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granville Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Granville Township in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Granville Township, PA
How long does it take to sell a home in Granville Township, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 8 Days | -86.2% |
Summary: Homes in Granville Township had an average of 8 days on market in Mar 2024, down by 86.2% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Granville Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Granville 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.
