$6,947 Closing Credit*
$585,000
2,088 SqFt
4 Beds
•2 Full Baths, 1 Partial
JOY DANIELS, Listing Office: Joy Daniels Real Estate Group, Ltd
Is Spring Grove, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Spring Grove has remained a Seller's Market.
Key Takeaway
Spring Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Grove, PA
How much do homes in Spring Grove, PA cost?
Median Sold Price
$317,990
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$1,240(+0.4%)
Key Takeaway
The sold price of homes in Spring Grove has remained the same since last year.
Summary: The median home sold price in Spring Grove was $317,990 in September 2024, up 0.4% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219.9K | - | N/A |
| 2 Bedrooms | $245K | $249.9K | +2.0% |
| 3 Bedrooms | $265K | $264.9K | 0% |
| 4 Bedrooms | $382.4K | $350K | -8.5% |
| 5+ Bedrooms | $412.5K | $367.5K | -10.9% |
Summary: Spring Grove housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Spring Grove | $316.7K | $317.9K | 0.4% |
| Jackson Township | $284.2K | $280.5K | -1.3% |
| North Codorus Township | $295K | $289.9K | -1.7% |
Housing Supply in Spring Grove, PA
How many homes are available in Spring Grove, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 57 | 48 | -15.8% |
Summary: The Spring Grove real estate market had 48 homes for sale in September 2024, a 15.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 22 | 18 | -18.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Spring Grove housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 21 | 10 | -52.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Grove, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Spring Grove in September 2024, down by 52.4% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for Spring Grove, PA
How long does it take to sell a home in Spring Grove, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 16 Days | 12 Days | -22.5% |
Summary: Homes in Spring Grove had an average of 12 days on market in Sep 2024, down by 22.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Grove are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 10 homes were sold in Spring Grove; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
