Is Salisbury Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Salisbury Township was a Buyer's Market.
Housing Prices in Salisbury Township, PA
How much do homes in Salisbury Township, PA cost?
Median Sold Price
$349,000
$219/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Salisbury Township was $349,000 in February 2024, down 38.5% from last month, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $80K | N/A |
3 Bedrooms | $567.2K | $349K | -38.5% |
4 Bedrooms | - | $512K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Salisbury Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Narvon | $590K | $512K | -13.2% |
Gap | $544.5K | $365.7K | -32.8% |
Salisbury Township | $567.2K | $349K | -38.5% |
Housing Supply in Salisbury Township, PA
How many homes are available in Salisbury Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The Salisbury Township real estate market had 23 homes for sale in February 2024, a 15.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Salisbury Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Salisbury Township in February 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 Days | 34 Days | +282.2% |
Summary: Homes in Salisbury Township had an average of 34 days on market in Feb 2024, up by 282.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Salisbury Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.