Is Shillington, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Shillington was a Seller's Market.
Housing Prices in Shillington, PA
How much do homes in Shillington, PA cost?
Median Sold Price
$227,900
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Shillington was $227,900 in March 2024, up 16.3% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $200K | +17.6% |
3 Bedrooms | $196K | $237.5K | +21.2% |
4 Bedrooms | $195K | $234.5K | +20.3% |
5+ Bedrooms | $486.2K | $205K | -57.8% |
Summary: Shillington 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 17.6%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 57.8%.
Median Sold Price Compared To Nearby Cities
Wyomissing | $285K | $335K | +17.5% |
Shillington | $196K | $227.9K | +16.3% |
Cumru Township | $230K | $265K | +15.2% |
Housing Supply in Shillington, PA
How many homes are available in Shillington, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Shillington real estate market had 19 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Shillington 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 100%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Shillington in March 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Shillington, PA
How long does it take to sell a home in Shillington, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 11 Days | -48.7% |
Summary: Homes in Shillington had an average of 11 days on market in Mar 2024, down by 48.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Shillington; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.