Is Manchester Township, 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, Manchester Township has remained a Seller's Market.
Housing Prices in Manchester Township, PA
How much do homes in Manchester Township, PA cost?
Median Sold Price
$270,775
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Manchester Township was $270,775 in April 2024, up 4.5% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87.5K | $150K | +71.4% |
2 Bedrooms | $178K | $198.7K | +11.6% |
3 Bedrooms | $225K | $225K | 0.0% |
4 Bedrooms | $400K | $410K | +2.5% |
5+ Bedrooms | $550K | $520K | -5.5% |
Summary: Manchester Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.4%, 2 bedroom homes increased by 11.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
York | $203.7K | $235K | +15.4% |
Spring Garden Township | $250K | $270K | +8.0% |
Springettsbury Township | $250K | $265.7K | +6.3% |
Manchester Township | $259K | $270.7K | +4.5% |
North York | $159.9K | $157.2K | -1.7% |
Housing Supply in Manchester Township, PA
How many homes are available in Manchester Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 90 | +8.4% |
Summary: The Manchester Township real estate market had 90 homes for sale in April 2024, a 8.4% 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 | 12 | 7 | -41.7% |
3 Bedrooms | 30 | 37 | +23.3% |
4 Bedrooms | 33 | 37 | +12.1% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Manchester 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 decreased by 41.7%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Manchester Township in April 2024, up by 4.3% month-over-month. Of the 24 sold homes, 21% were sold under asking, 13% were sold at asking, and 67% were sold over asking.
Days on Market for Manchester Township, PA
How long does it take to sell a home in Manchester Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 16 Days | -6.2% |
Summary: Homes in Manchester Township had an average of 16 days on market in Apr 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Manchester Township; 88% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.