Is Shippensburg Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Shippensburg Township was a Seller's Market.
Housing Prices in Shippensburg Township, PA
How much do homes in Shippensburg Township, PA cost?
Median Sold Price
$258,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shippensburg Township was $258,000 in April 2024, up 7.5% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $190K | $180K | -5.3% |
3 Bedrooms | $255K | $253.5K | -0.6% |
4 Bedrooms | $270K | $347K | +28.5% |
5+ Bedrooms | $279.9K | $309.5K | +10.6% |
Summary: Shippensburg Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 28.5%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
Southampton Township | $400K | $450.1K | +12.5% |
Shippensburg | $238.9K | $258K | +8.0% |
Shippensburg Township | $240K | $258K | +7.5% |
Southampton Township | $400K | $428.5K | +7.1% |
Housing Supply in Shippensburg Township, PA
How many homes are available in Shippensburg Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 67 | +1.5% |
Summary: The Shippensburg Township real estate market had 67 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 7 | -36.4% |
3 Bedrooms | 30 | 38 | +26.7% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Shippensburg Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 7 | -70.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Shippensburg Township in April 2024, down by 70.8% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Shippensburg Township, PA
How long does it take to sell a home in Shippensburg Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 15 Days | -4.9% |
Summary: Homes in Shippensburg Township had an average of 15 days on market in Apr 2024, down by 4.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Shippensburg Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.