$3,205 Closing Credit*
$269,900
1,912 SqFt
3 Beds
•2 Full Baths
Allison K Hess, Listing Office: Iron Valley Real Estate of Central PA
Is Lower Paxton 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 Paxton Township has remained a Seller's Market.
Key Takeaway
Lower Paxton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Paxton Township, PA
How much do homes in Lower Paxton Township, PA cost?
Median Sold Price
$310,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$10,001(+3.3%)
Key Takeaway
Homes in Lower Paxton Township have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Lower Paxton Township was $310,000 in September 2024, up 3.3% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $205K | $214.9K | +4.9% |
| 3 Bedrooms | $275K | $284.6K | +3.5% |
| 4 Bedrooms | $410K | $399.2K | -2.6% |
| 5+ Bedrooms | $520.6K | $531K | +2.0% |
Summary: Lower Paxton 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 4.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| South Hanover Township | $300K | $412.5K | +37.5% |
| Swatara Township | $232.4K | $245K | +5.4% |
| West Hanover Township | $299.9K | $315K | +5.0% |
| Lower Paxton Township | $299.9K | $310K | +3.3% |
| Middle Paxton Township | $337.5K | $322.4K | -4.5% |
Housing Supply in Lower Paxton Township, PA
How many homes are available in Lower Paxton Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 171 | 153 | -10.5% |
Summary: The Lower Paxton Township real estate market had 153 homes for sale in September 2024, a 10.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 91 | 70 | -23.1% |
| 4 Bedrooms | 51 | 51 | 0.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Lower Paxton 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 increased by 18.8%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 53 | 48 | -9.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Paxton Township, you may be able to get a good deal. 39.6% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Lower Paxton Township in September 2024, down by 9.4% month-over-month. Of the 48 sold homes, 40% were sold under asking, 21% were sold at asking, and 40% were sold over asking.
Days on Market for Lower Paxton Township, PA
How long does it take to sell a home in Lower Paxton Township, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 22 Days | 12 Days | -42.7% |
Summary: Homes in Lower Paxton Township had an average of 12 days on market in Sep 2024, down by 42.7% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lower Paxton Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 48 homes were sold in Lower Paxton Township; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
