Is Harmony 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, Harmony Township has remained a Seller's Market.
Housing Prices in Harmony Township, PA
How much do homes in Harmony Township, PA cost?
Median Sold Price
$294,375
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Harmony Township was $294,375 in May 2024, up 7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $159.9K | N/A |
2 Bedrooms | $144.9K | $196.9K | +35.9% |
3 Bedrooms | $252.5K | $256K | +1.4% |
4 Bedrooms | $407.4K | $445K | +9.2% |
5+ Bedrooms | $397.9K | $899K | +125.9% |
Summary: Harmony 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 35.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 125.9%.
Housing Supply in Harmony Township, PA
How many homes are available in Harmony Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 39 | +21.9% |
Summary: The Harmony Township real estate market had 39 homes for sale in May 2024, a 21.9% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Harmony 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 increased by 150%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Harmony Township in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Harmony Township, PA
How long does it take to sell a home in Harmony Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 33 Days | -20.0% |
Summary: Homes in Harmony Township had an average of 33 days on market in May 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Harmony Township; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.