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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower Heidelberg Township is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Lower Heidelberg Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Lower Heidelberg Township, PA

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

Median Sold Price

$532,795

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$27,205(-4.9%)

Key Takeaway

Homes in Lower Heidelberg Township have sold for 4.9% less than they did a year ago.

Summary: The median home sold price in Lower Heidelberg Township was $532,795 in September 2024, down 4.9% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $359.9K$375K
+4.2%
3 $314.5K$341K
+8.4%
4 $560K$536K
-4.3%
5+ $586.9K$595.4K
+1.4%

Summary: Lower Heidelberg 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 4.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Spring Township
+5.3%
Sinking Spring
+3.4%
Lower Heidelberg Township
-4.9%
Wernersville
-8.3%

Housing Supply in Lower Heidelberg Township, PA

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2314-39.1%

Summary: The Lower Heidelberg Township real estate market had 14 homes for sale in September 2024, a 39.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 62
-66.7%
4 149
-35.7%
5+ 33
0.0%

Summary: The Lower Heidelberg 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 66.7%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
123-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in Lower Heidelberg Township in September 2024, down by 75.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Lower Heidelberg Township, PA

How long does it take to sell a home in Lower Heidelberg Township, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
6 Days7 Days+22.2%

Summary: Homes in Lower Heidelberg Township had an average of 7 days on market in Sep 2024, up by 22.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 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 Heidelberg Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 3 homes were sold in Lower Heidelberg 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.

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

Report Updated 30 Days Ago

Newest Listings in Lower Heidelberg Township, PA

Nearby Markets to Lower Heidelberg Township, PA

What housing markets are near Lower Heidelberg Township, PA?