Is Penn Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Penn Township has remained a Seller's Market.
Key Takeaway
Penn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Penn Township, PA cost?
Median Sold Price
$289,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$24,000(+9.0%)
Key Takeaway
Homes in Penn Township have sold for 9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $151.2K | $108.6K | -28.2% |
| 3 Bedrooms | $246.5K | $280K | +13.6% |
| 4 Bedrooms | $317.4K | $371.5K | +17.0% |
| 5+ Bedrooms | $400K | $531K | +32.8% |
Median Sold Price Compared To Nearby Cities
| Manor | $188.9K | $267.5K | +41.6% |
| Harrison City | $326K | $363.8K | +11.6% |
| Penn Township | $265.5K | $289.5K | +9.0% |
How many homes are available in Penn Township, PA?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 55 | 56 | +1.8% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Penn Township, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
How long does it take to sell a home in Penn Township, PA?
How long does it take to sell a home in Penn Township, PA?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 35 Days | 18 Days | -49.2% |
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Penn Township are selling fast, if you're buying plan to act quickly.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.