Is East Hanover Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, East Hanover Township was a Seller's Market.
Housing Prices in East Hanover Township, PA
How much do homes in East Hanover Township, PA cost?
Median Sold Price
$470,000
$97/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in East Hanover Township was $470,000 in April 2024, up 63.3% from last month, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $287.8K | - | N/A |
4 Bedrooms | - | $470K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: East Hanover Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
East Hanover Township | $287.8K | $470K | +63.3% |
East Hanover Township | $207K | $334.5K | +61.6% |
Housing Supply in East Hanover Township, PA
How many homes are available in East Hanover Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Summary: The East Hanover Township real estate market had 9 homes for sale in April 2024, a 12.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The East Hanover Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in East Hanover Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for East Hanover Township, PA
How long does it take to sell a home in East Hanover Township, PA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 5 Days | -65.5% |
Summary: Homes in East Hanover Township had an average of 5 days on market in Apr 2024, down by 65.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in East Hanover 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.