Is North Middleton 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, North Middleton Township has remained a Seller's Market.
Key Takeaway
North Middleton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Middleton Township, PA
How much do homes in North Middleton Township, PA cost?
Median Sold Price
$313,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Middleton Township have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in North Middleton Township was $313,000 in April 2024, up 7.9% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $191K | $208K | +8.9% |
| 3 Bedrooms | $239.9K | $290K | +20.9% |
| 4 Bedrooms | $370K | $390K | +5.4% |
| 5+ Bedrooms | $390K | $445K | +14.1% |
Summary: North Middleton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
| Lower Frankford Township | $237.4K | $357K | +50.3% |
| Carlisle | $265.5K | $295K | +11.1% |
| North Middleton Township | $290K | $313K | +7.9% |
| Middlesex Township | $320.6K | $300.3K | -6.3% |
| Shermans Dale | $369.5K | $282K | -23.7% |
Housing Supply in North Middleton Township, PA
How many homes are available in North Middleton Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 56 | +30.2% |
Summary: The North Middleton Township real estate market had 56 homes for sale in April 2024, a 30.2% 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 | 5 | 7 | +40.0% |
| 3 Bedrooms | 24 | 30 | +25.0% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The North Middleton 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 increased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Middleton Township, expect to pay close to the asking price. 58.3% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in North Middleton Township in April 2024, up by 71.4% month-over-month. Of the 12 sold homes, 17% were sold under asking, 58% were sold at asking, and 25% were sold over asking.
Days on Market for North Middleton Township, PA
How long does it take to sell a home in North Middleton Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 6 Days | -82.4% |
Summary: Homes in North Middleton Township had an average of 6 days on market in Apr 2024, down by 82.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Middleton Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in North Middleton Township; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
