Is Lower Allen Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower Allen Township is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Lower Allen Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Lower Allen Township, PA cost?

Median Sold Price

$260,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$37,000(+16.6%)

Key Takeaway

Homes in Lower Allen Township have sold for 16.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $95K$117K
+23.2%
2 $168K$196.5K
+17.0%
3 $225K$250K
+11.1%
4 $321.5K$397.6K
+23.7%
5+ $475K$625K
+31.6%

Median Sold Price Compared To Nearby Cities

Lower Allen Township
+16.6%
New Cumberland
+13.2%
New Cumberland
+10.0%
Camp Hill
+0.6%

How many homes are available in Lower Allen Township, PA?

Number of Homes For Sale

Dec 2022Jan 2023%
4234-19.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 11
0.0%
2 1010
0.0%
3 1612
-25.0%
4 108
-20.0%
5+ 53
-40.0%

Number of Homes Sold

Dec 2022Jan 2023%
1412-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lower Allen Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
12 Days17 Days+39.2%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lower Allen Township, PA

Lower Allen Township, PA has 34 homes on the market. The number of listings in Lower Allen Township, PA decreased by 19% between December 2022 and January 2023. While the average time on the market in January 2023 was 17 days, the median list price was $260,000. Real estate listing prices changed between December 2022 and January 2023: 1 bedroom properties became 23.2% more expensive, prices of 2 bedrooms properties went up by 17%, prices of 3 bedrooms properties went up by 11.1%, prices of 4 bedrooms properties increased by 23.7%, prices of 5 bedrooms properties went up by 31.6%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory decreased by 25%, number of 4 bedrooms homes decreased by 20%, the quantity of 5 bedrooms homes went down by 40%. In January 2023, from all listings sold in Lower Allen Township, PA there were more than 4 sold above asking price, over 4 sold below and more than 4 were sold right at the asked price.

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