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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Middleton Township is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, North Middleton Township was a Seller's Market.

Key Takeaway

North Middleton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Middleton Township, PA

How much do homes in North Middleton Township, PA cost?

Median Sold Price

$310,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,500(+6.7%)

Key Takeaway

Homes in North Middleton Township have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in North Middleton Township was $310,000 in March 2024, up 6.7% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $187K$200K
+7.0%
3 $237.4K$295K
+24.2%
4 $360K$389.9K
+8.3%
5+ $390K$397.5K
+1.9%

Summary: North Middleton Township 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 7%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Carlisle
+18.5%
North Middleton Township
+6.7%
Shermans Dale
-4.3%
Middlesex Township
-6.2%

Housing Supply in North Middleton Township, PA

How many homes are available in North Middleton Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
53530.0%

Summary: The North Middleton Township real estate market had 53 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 2531
+24.0%
4 1916
-15.8%
5+ 11
0.0%

Summary: The North Middleton 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 decreased by 37.5%, 3 bedroom homes increased by 24%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Middleton Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in North Middleton Township in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for North Middleton Township, PA

How long does it take to sell a home in North Middleton Township, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
13 Days25 Days+88.0%

Summary: Homes in North Middleton Township had an average of 25 days on market in Mar 2024, up by 88% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in North Middleton Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in North Middleton Township, PA

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What housing markets are near North Middleton Township, PA?