Is Salisbury Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Salisbury Township has remained a Seller's Market.
Housing Prices in Salisbury Township, PA
How much do homes in Salisbury Township, PA cost?
Median Sold Price
$334,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Salisbury Township was $334,000 in March 2024, up 11.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $168.3K | -13.7% |
2 Bedrooms | $222K | $217.5K | -2.0% |
3 Bedrooms | $284.5K | $304K | +6.9% |
4 Bedrooms | $379K | $395.3K | +4.3% |
5+ Bedrooms | $452.4K | $700K | +54.7% |
Summary: Salisbury Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.7%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 54.7%.
Median Sold Price Compared To Nearby Cities
Allentown | $214K | $270K | +26.1% |
Emmaus | $299K | $358.7K | +20.0% |
Salisbury Township | $299.5K | $334K | +11.5% |
South Whitehall Township | $355.6K | $385K | +8.2% |
Center Valley | $445K | $457.5K | +2.8% |
Housing Supply in Salisbury Township, PA
How many homes are available in Salisbury Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 57 | +1.8% |
Summary: The Salisbury Township real estate market had 57 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 28 | 26 | -7.1% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Salisbury 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 14.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Salisbury Township in March 2024, up by 8.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Salisbury Township, PA
How long does it take to sell a home in Salisbury Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 29 Days | +27.4% |
Summary: Homes in Salisbury Township had an average of 29 days on market in Mar 2024, up by 27.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Salisbury Township; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.