$6,234 Closing Credit*
$525,000
2,245 SqFt
3 Beds
•2 Full Baths
DAVID HOOKE, Listing Office: Keller Williams of Central PA
Is Menallen Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Menallen Township was a Seller's Market.
Key Takeaway
Menallen Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Menallen Township, PA
How much do homes in Menallen Township, PA cost?
Median Sold Price
$540,000
$200/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$200,000(+58.8%)
Key Takeaway
Homes in Menallen Township have sold for 58.8% more than they did a month ago.
Summary: The median home sold price in Menallen Township was $540,000 in September 2024, up 58.8% from last month, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $287.5K | $540K | +87.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $419.9K | - | N/A |
Summary: Menallen Township housing prices by bedroom type for September 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 increased by 87.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Menallen Township | $340K | $540K | +58.8% |
| Bendersville | $255K | $205K | -19.6% |
Housing Supply in Menallen Township, PA
How many homes are available in Menallen Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Menallen Township real estate market had 11 homes for sale in September 2024, a 22.2% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Menallen 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 increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 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 Menallen Township, 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 Menallen Township in September 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 Menallen Township, PA
How long does it take to sell a home in Menallen Township, PA?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 8 Days | 20 Days | +130.8% |
Summary: Homes in Menallen Township had an average of 20 days on market in Sep 2024, up by 130.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Menallen Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in Menallen 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.
