Is South Middleton Township, 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, South Middleton Township was a Seller's Market.
Key Takeaway
South Middleton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Middleton Township, PA
How much do homes in South Middleton Township, PA cost?
Median Sold Price
$330,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in South Middleton Township has remained the same since last year.
Summary: The median home sold price in South Middleton Township was $330,000 in March 2024, up 0.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91K | - | N/A |
| 2 Bedrooms | $218.5K | $205K | -6.2% |
| 3 Bedrooms | $300K | $299.9K | 0% |
| 4 Bedrooms | $455K | $440.3K | -3.2% |
| 5+ Bedrooms | $449.5K | $579.1K | +28.8% |
Summary: South Middleton Township 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 decreased by 6.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 28.8%.
Median Sold Price Compared To Nearby Cities
| Carlisle | $250K | $296.2K | +18.5% |
| Boiling Springs | $375K | $408.5K | +8.9% |
| South Middleton Township | $328.5K | $330K | 0.5% |
| Mount Holly Springs | $270K | $268.5K | -0.6% |
Housing Supply in South Middleton Township, PA
How many homes are available in South Middleton Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 48 | 59 | +22.9% |
Summary: The South Middleton Township real estate market had 59 homes for sale in March 2024, a 22.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 18 | 25 | +38.9% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The South Middleton 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 remained the same, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Middleton Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in South Middleton Township in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for South Middleton Township, PA
How long does it take to sell a home in South Middleton Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 7 Days | -90.3% |
Summary: Homes in South Middleton Township had an average of 7 days on market in Mar 2024, down by 90.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Middleton Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in South Middleton Township; 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.
