Is Manchester Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Manchester Township has remained a Seller's Market.
Housing Prices in Manchester Township, PA
How much do homes in Manchester Township, PA cost?
Median Sold Price
$355,000
$151/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Manchester Township was $355,000 in March 2024, up 38.1% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | - | N/A |
3 Bedrooms | $275.9K | $225.5K | -18.3% |
4 Bedrooms | - | $369.9K | N/A |
5+ Bedrooms | $374.4K | - | N/A |
Summary: Manchester Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Manchester Township, PA
How many homes are available in Manchester Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 29 | -6.5% |
Summary: The Manchester Township real estate market had 29 homes for sale in March 2024, a 6.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 15 | 15 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Manchester Township housing inventory by bedroom type for March 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 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Manchester Township in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Manchester Township, PA
How long does it take to sell a home in Manchester Township, PA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 47 Days | 0.0% |
Summary: Homes in Manchester Township had an average of 47 days on market in Mar 2024, the same as last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Manchester Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.