$1,673 Closing Credit*
$140,900
1,208 SqFt
3 Beds
•1 Full Bath
Sharon L Rohrbach, Listing Office: RE/MAX Of Reading
Is Lower Alsace Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Lower Alsace Township has remained a Seller's Market.
Key Takeaway
Lower Alsace Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Alsace Township, PA
How much do homes in Lower Alsace Township, PA cost?
Median Sold Price
$250,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$14,000(+5.9%)
Key Takeaway
Homes in Lower Alsace Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Lower Alsace Township was $250,000 in September 2024, up 5.9% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | - | N/A |
| 2 Bedrooms | $155K | $160K | +3.2% |
| 3 Bedrooms | $235K | $240K | +2.1% |
| 4 Bedrooms | $281.5K | $285K | +1.2% |
| 5+ Bedrooms | $270.7K | $374K | +38.1% |
Summary: Lower Alsace 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 increased by 3.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 38.1%.
Median Sold Price Compared To Nearby Cities
| Mount Penn | $180K | $205K | +13.9% |
| Reading | $219.9K | $244.9K | +11.4% |
| Exeter Township | $290K | $310K | +6.9% |
| Lower Alsace Township | $236K | $250K | +5.9% |
Housing Supply in Lower Alsace Township, PA
How many homes are available in Lower Alsace Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Lower Alsace Township real estate market had 24 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 5 | 10 | +100.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Lower Alsace 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 decreased by 30.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Alsace Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lower Alsace Township in September 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Lower Alsace Township, PA
How long does it take to sell a home in Lower Alsace Township, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 6 Days | 22 Days | +252.0% |
Summary: Homes in Lower Alsace Township had an average of 22 days on market in Sep 2024, up by 252% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lower Alsace Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in Lower Alsace Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
