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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newberry Township is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Newberry Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Newberry Township, PA cost?

Median Sold Price

$270,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$40,000(+17.4%)

Key Takeaway

Homes in Newberry Township have sold for 17.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $147.5K$165K
+11.9%
3 $232.5K$250K
+7.5%
4 $270K$350K
+29.6%
5+ $328.7K$417.3K
+27.0%

Median Sold Price Compared To Nearby Cities

Newberry Township
+17.4%
Etters
+6.9%
Conewago Township
+2.0%

How many homes are available in Newberry Township, PA?

Number of Homes For Sale

Oct 2022Nov 2022%
5856-3.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 12
+100.0%
2 86
-25.0%
3 2826
-7.1%
4 1718
+5.9%
5+ 44
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1517+13.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newberry Township, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
10 Days10 Days+2.7%

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Newberry Township are selling fast, if you're buying plan to act quickly.

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

About Newberry Township, PA

Homes for sale in Newberry Township, PA have reached 56. Between October 2022 and November 2022, Newberry Township, PA real estate market has seen decrease in the number of listings by 3.4%. While the average time on the market in November 2022 was 10 days, the median list price was $270,000. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 11.9%, 3 bedrooms properties prices increased by 7.5%, 4 bedrooms properties prices increased by 29.6%, prices of 5 bedrooms properties went up by 27%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 100%, 2 bedrooms homes inventory decreased by 25%, number of 3 bedrooms homes decreased by 7.1%, number of 4 bedrooms homes increased by 5.9%, 5 bedrooms homes did not move. Newberry Township, PA housing market in November 2022 saw over 9 listings sold above listed price, more than 6 sold at listed price and over 2 sold below.

Related Housing Market Reports