Is Susquehanna Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Susquehanna Township has remained a Seller's Market.
Key Takeaway
Susquehanna Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Susquehanna Township, PA
How much do homes in Susquehanna Township, PA cost?
Median Sold Price
$250,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Susquehanna Township have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in Susquehanna Township was $250,000 in March 2024, up 14.5% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $129K | +12.2% |
| 2 Bedrooms | $180K | $199.9K | +11.1% |
| 3 Bedrooms | $221.5K | $250K | +12.9% |
| 4 Bedrooms | $320K | $322K | +0.6% |
| 5+ Bedrooms | $500.1K | $500K | 0% |
Summary: Susquehanna Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Harrisburg | $175.4K | $229.9K | +31.1% |
| Susquehanna Township | $218.3K | $250K | +14.5% |
| Penbrook | $149.2K | $161.5K | +8.2% |
| Enola | $229.5K | $235K | +2.4% |
| East Pennsboro Township | $230K | $231.5K | +0.7% |
Housing Supply in Susquehanna Township, PA
How many homes are available in Susquehanna Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 126 | 141 | +11.9% |
Summary: The Susquehanna Township real estate market had 141 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 21 | +31.3% |
| 3 Bedrooms | 59 | 68 | +15.3% |
| 4 Bedrooms | 44 | 43 | -2.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Susquehanna 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 increased by 31.3%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 24 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Susquehanna Township, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Susquehanna Township in March 2024, up by 50.0% month-over-month. Of the 24 sold homes, 29% were sold under asking, 25% were sold at asking, and 46% were sold over asking.
Days on Market for Susquehanna Township, PA
How long does it take to sell a home in Susquehanna Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 21 Days | -15.5% |
Summary: Homes in Susquehanna Township had an average of 21 days on market in Mar 2024, down by 15.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Susquehanna Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 24 homes were sold in Susquehanna Township; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
