$40,000
0.66 Acres
Land
Jimmy Thelusca, Listing Office: Pagoda Realty
Is Newberry 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, 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.
Housing Prices in Newberry Township, PA
How much do homes in Newberry Township, PA cost?
Median Sold Price
$299,950
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$24,950(+9.1%)
Key Takeaway
Homes in Newberry Township have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Newberry Township was $299,950 in September 2024, up 9.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143.5K | - | N/A |
| 2 Bedrooms | $165K | $178.4K | +8.2% |
| 3 Bedrooms | $266.9K | $288.2K | +8.0% |
| 4 Bedrooms | $366K | $393K | +7.4% |
| 5+ Bedrooms | $424.9K | $290K | -31.8% |
Summary: Newberry 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 8.2%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 31.8%.
Median Sold Price Compared To Nearby Cities
| Newberry Township | $275K | $299.9K | +9.1% |
| Conewago Township | $300K | $300K | 0.0% |
| Etters | $268.4K | $257K | -4.3% |
| Lewisberry | $376.2K | $355K | -5.6% |
Housing Supply in Newberry Township, PA
How many homes are available in Newberry Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 68 | 62 | -8.8% |
Summary: The Newberry Township real estate market had 62 homes for sale in September 2024, a 8.8% decrease 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 | 5 | 9 | +80.0% |
| 3 Bedrooms | 31 | 29 | -6.5% |
| 4 Bedrooms | 30 | 22 | -26.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Newberry 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 80%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newberry Township, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Newberry Township in September 2024, up by 14.3% month-over-month. Of the 16 sold homes, 19% were sold under asking, 25% were sold at asking, and 56% were sold over asking.
Days on Market for Newberry Township, PA
How long does it take to sell a home in Newberry Township, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 12 Days | 27 Days | +128.3% |
Summary: Homes in Newberry Township had an average of 27 days on market in Sep 2024, up by 128.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newberry Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 16 homes were sold in Newberry Township; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
