Is Spring Hill-City View, 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, Spring Hill-City View was a Seller's Market.
Key Takeaway
Spring Hill-City View is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Spring Hill-City View, PA
How much do homes in Spring Hill-City View, PA cost?
Median Sold Price
$115,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Spring Hill-City View have sold for 23.3% less than they did a year ago.
Summary: The median home sold price in Spring Hill-City View was $115,000 in April 2024, down 23.3% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117K | $44.2K | -62.2% |
| 3 Bedrooms | $152K | $110K | -27.6% |
| 4 Bedrooms | $215K | $180.4K | -16.1% |
| 5+ Bedrooms | $41.5K | $65K | +56.6% |
Summary: Spring Hill-City View 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 62.2%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 56.6%.
Median Sold Price Compared To Nearby Neighborhoods
| North Side | $187.2K | $179.8K | -4.0% |
| Spring Hill-City View | $150K | $115K | -23.3% |
Housing Supply in Spring Hill-City View, PA
How many homes are available in Spring Hill-City View, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Spring Hill-City View real estate market had 20 homes for sale in April 2024, a 11.1% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Spring Hill-City View 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 14.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Hill-City View, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Spring Hill-City View in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Spring Hill-City View, PA
How long does it take to sell a home in Spring Hill-City View, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 229 Days | 124 Days | -45.9% |
Summary: Homes in Spring Hill-City View had an average of 124 days on market in Apr 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Spring Hill-City View are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Spring Hill-City View; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
