Is Hampden Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hampden Township was a Buyer's Market.
Key Takeaway
Hampden Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampden Township, PA
How much do homes in Hampden Township, PA cost?
Median Sold Price
$371,333
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hampden Township have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Hampden Township was $371,333 in March 2024, up 14.3% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $233K | $230K | -1.3% |
| 3 Bedrooms | $293.5K | $332.5K | +13.3% |
| 4 Bedrooms | $450K | $490K | +8.9% |
| 5+ Bedrooms | $680K | $599K | -11.9% |
Summary: Hampden 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 decreased by 1.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 11.9%.
Median Sold Price Compared To Nearby Cities
| Mechanicsburg | $314.6K | $359.9K | +14.4% |
| Hampden Township | $325K | $371.3K | +14.3% |
| Enola | $229.5K | $235K | +2.4% |
| Shiremanstown | $267.5K | $239.5K | -10.5% |
| Silver Spring Township | $450K | $400K | -11.1% |
Housing Supply in Hampden Township, PA
How many homes are available in Hampden Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 88 | 92 | +4.5% |
Summary: The Hampden Township real estate market had 92 homes for sale in March 2024, a 4.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 9 | +80.0% |
| 3 Bedrooms | 38 | 38 | 0.0% |
| 4 Bedrooms | 31 | 31 | 0.0% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Hampden Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 80%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampden Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Hampden Township in March 2024, up by 28.6% month-over-month. Of the 18 sold homes, 22% were sold under asking, 28% were sold at asking, and 50% were sold over asking.
Days on Market for Hampden Township, PA
How long does it take to sell a home in Hampden Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 13 Days | 9 Days | -27.5% |
Summary: Homes in Hampden Township had an average of 9 days on market in Mar 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
17 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 Hampden Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 18 homes were sold in Hampden Township; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
