Is Conewago Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Conewago Township has remained a Seller's Market.
Housing Prices in Conewago Township, PA
How much do homes in Conewago Township, PA cost?
Median Sold Price
$255,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Conewago Township was $255,500 in May 2024, down 1.4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | - | N/A |
2 Bedrooms | $205.5K | $210K | +2.2% |
3 Bedrooms | $265K | $256.5K | -3.2% |
4 Bedrooms | $307.5K | $374.9K | +21.9% |
5+ Bedrooms | $390K | $332.4K | -14.8% |
Summary: Conewago Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes decreased by 14.8%.
Median Sold Price Compared To Nearby Cities
Hanover | $250K | $273.3K | +9.4% |
Union Township | $350K | $377.4K | +7.8% |
Mc Sherrystown | $224.9K | $229.2K | +1.9% |
McSherrystown | $211.5K | $210K | -0.7% |
Conewago Township | $259K | $255.5K | -1.4% |
Housing Supply in Conewago Township, PA
How many homes are available in Conewago Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 29 | +16.0% |
Summary: The Conewago Township real estate market had 29 homes for sale in May 2024, a 16.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 18 | 22 | +22.2% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Conewago Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Conewago Township in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 38% were sold at asking, and 50% were sold over asking.
Days on Market for Conewago Township, PA
How long does it take to sell a home in Conewago Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 7 Days | -75.0% |
Summary: Homes in Conewago Township had an average of 7 days on market in May 2024, down by 75% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Conewago Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.