Is York Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing York Township is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, York Township has remained a Seller's Market.

Key Takeaway

York Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in York Township, PA

How much do homes in York Township, PA cost?

Median Sold Price

$239,989

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$2,510(-1.0%)

Key Takeaway

Homes in York Township have sold for 1% less than they did a year ago.

Summary: The median home sold price in York Township was $239,989 in February 2024, down 1% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $87.5K$60K
-31.4%
2 $189.9K$192.1K
+1.2%
3 $236.9K$236.8K
0%
4 $342.7K$332.2K
-3.1%
5+ $380K$180.5K
-52.5%

Summary: York Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 1.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 52.5%.

Median Sold Price Compared To Nearby Cities

Red Lion
+41.7%
Dallastown
+30.6%
Springfield Township
+7.2%
York Township
-1.0%

Housing Supply in York Township, PA

How many homes are available in York Township, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
796755-5.2%

Summary: The York Township real estate market had 755 homes for sale in February 2024, a 5.2% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 9689
-7.3%
3 337308
-8.6%
4 215216
0.5%
5+ 146140
-4.1%

Summary: The York Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 4.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
144128-11.1%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in York Township, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 128 homes were sold or pending in York Township in February 2024, down by 11.1% month-over-month. Of the 128 sold homes, 44% were sold under asking, 26% were sold at asking, and 30% were sold over asking.

Days on Market for York Township, PA

How long does it take to sell a home in York Township, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
25 Days37 Days+47.2%

Summary: Homes in York Township had an average of 37 days on market in Feb 2024, up by 47.2% compared to last year.

Breakdown of Home Sale Times

77 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in York Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 128 homes were sold in York Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in York Township, PA

Nearby Markets to York Township, PA

What housing markets are near York Township, PA?