Is Mc Sherrystown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mc Sherrystown has remained a Seller's Market.
Key Takeaway
Mc Sherrystown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Sherrystown, PA
How much do homes in Mc Sherrystown, PA cost?
Median Sold Price
$229,900
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mc Sherrystown have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Mc Sherrystown was $229,900 in March 2024, up 12.1% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162.5K | $180K | +10.8% |
| 3 Bedrooms | $210.5K | $233.2K | +10.8% |
| 4 Bedrooms | $204K | $229.9K | +12.7% |
| 5+ Bedrooms | $252.3K | $268K | +6.2% |
Summary: Mc Sherrystown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Mc Sherrystown | $205K | $229.9K | +12.1% |
| McSherrystown | $195K | $217.5K | +11.5% |
| Conewago Township | $258K | $250K | -3.1% |
Housing Supply in Mc Sherrystown, PA
How many homes are available in Mc Sherrystown, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Mc Sherrystown real estate market had 5 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Mc Sherrystown 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 increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Sherrystown, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Mc Sherrystown in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Sherrystown, PA
How long does it take to sell a home in Mc Sherrystown, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 4 Days | 161 Days | +3925.0% |
Summary: Homes in Mc Sherrystown had an average of 161 days on market in Mar 2024, up by 3925% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Mc Sherrystown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Mc Sherrystown; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
