$3,858 Closing Credit*
$324,900
2,157 SqFt
5 Beds
•2 Full Baths
Michael DeRemer, Listing Office: Keller Williams of Central PA
Is West Hanover Township, 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, West Hanover Township has remained a Seller's Market.
Key Takeaway
West Hanover Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Hanover Township, PA
How much do homes in West Hanover Township, PA cost?
Median Sold Price
$315,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$15,050(+5.0%)
Key Takeaway
Homes in West Hanover Township have sold for 5% more than they did a year ago.
Summary: The median home sold price in West Hanover Township was $315,000 in September 2024, up 5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $243K | $281.7K | +15.9% |
| 3 Bedrooms | $281.9K | $300K | +6.4% |
| 4 Bedrooms | $492K | $427.5K | -13.1% |
| 5+ Bedrooms | $580K | $564.2K | -2.7% |
Summary: West Hanover Township 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 15.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
| South Hanover Township | $300K | $412.5K | +37.5% |
| West Hanover Township | $299.9K | $315K | +5.0% |
| Lower Paxton Township | $299.9K | $310K | +3.3% |
| East Hanover Township | $390K | $400K | +2.6% |
Housing Supply in West Hanover Township, PA
How many homes are available in West Hanover Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 42 | 31 | -26.2% |
Summary: The West Hanover Township real estate market had 31 homes for sale in September 2024, a 26.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 22 | 9 | -59.1% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The West Hanover Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 133.3%, 3 bedroom homes decreased by 59.1%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Hanover Township, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in West Hanover Township in September 2024, down by 44.4% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.
Days on Market for West Hanover Township, PA
How long does it take to sell a home in West Hanover Township, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 9 Days | 16 Days | +69.8% |
Summary: Homes in West Hanover Township had an average of 16 days on market in Sep 2024, up by 69.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Hanover Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 10 homes were sold in West Hanover Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
