Is Kenhorst, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kenhorst has remained a Seller's Market.
Housing Prices in Kenhorst, PA
How much do homes in Kenhorst, PA cost?
Median Sold Price
$212,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kenhorst was $212,500 in April 2024, down 0.6% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $153K | +5.5% |
2 Bedrooms | $199K | $194K | -2.5% |
3 Bedrooms | $213.7K | $220K | +2.9% |
4 Bedrooms | $259.5K | $230K | -11.4% |
5+ Bedrooms | - | - | N/A |
Summary: Kenhorst housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Reading | $172.4K | $235.6K | +36.7% |
Cumru Township | $230K | $265K | +15.2% |
Kenhorst | $213.7K | $212.5K | -0.6% |
Housing Supply in Kenhorst, PA
How many homes are available in Kenhorst, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Summary: The Kenhorst real estate market had 13 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kenhorst housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Kenhorst in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Kenhorst, PA
How long does it take to sell a home in Kenhorst, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 19 Days | +90.0% |
Summary: Homes in Kenhorst had an average of 19 days on market in Apr 2024, up by 90% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Kenhorst; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.