Is Guilford Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Guilford Township has remained a Seller's Market.
Key Takeaway
Guilford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Guilford Township, PA
How much do homes in Guilford Township, PA cost?
Median Sold Price
$299,450
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Guilford Township have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Guilford Township was $299,450 in April 2024, up 2.4% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $226.9K | $242.5K | +6.9% |
| 3 Bedrooms | $285K | $290K | +1.8% |
| 4 Bedrooms | $312K | $370K | +18.6% |
| 5+ Bedrooms | $378.5K | $435K | +14.9% |
Summary: Guilford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Cities
| Chambersburg | $245K | $262.4K | +7.1% |
| Guilford Township | $292.5K | $299.4K | +2.4% |
| Greene Township | $266.5K | $270K | +1.3% |
| Hamilton Township | $300K | $297.4K | -0.9% |
Housing Supply in Guilford Township, PA
How many homes are available in Guilford Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 45 | -4.3% |
Summary: The Guilford Township real estate market had 45 homes for sale in April 2024, a 4.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 27 | 31 | +14.8% |
| 4 Bedrooms | 12 | 7 | -41.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Guilford Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Guilford Township, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Guilford Township in April 2024, down by 23.5% month-over-month. Of the 13 sold homes, 15% were sold under asking, 62% were sold at asking, and 23% were sold over asking.
Days on Market for Guilford Township, PA
How long does it take to sell a home in Guilford Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 30 Days | +17.2% |
Summary: Homes in Guilford Township had an average of 30 days on market in Apr 2024, up by 17.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Guilford Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Guilford Township; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
