Is South 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, South Middleton Township has remained a Seller's Market.
Housing Prices in South Middleton Township, PA
How much do homes in South Middleton Township, PA cost?
Median Sold Price
$331,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Middleton Township was $331,000 in April 2024, up 0.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91K | - | N/A |
2 Bedrooms | $217K | $200K | -7.8% |
3 Bedrooms | $301.5K | $297.7K | -1.3% |
4 Bedrooms | $462.5K | $440.7K | -4.7% |
5+ Bedrooms | $464K | $579.1K | +24.8% |
Summary: South 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 decreased by 7.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 24.8%.
Median Sold Price Compared To Nearby Cities
Carlisle | $265.5K | $295K | +11.1% |
Monroe Township | $377.5K | $400K | +6.0% |
Boiling Springs | $387K | $388.5K | 0.4% |
South Middleton Township | $330K | $331K | 0.3% |
Mount Holly Springs | $270K | $260K | -3.7% |
Housing Supply in South Middleton Township, PA
How many homes are available in South Middleton Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 37 | -9.8% |
Summary: The South Middleton Township real estate market had 37 homes for sale in April 2024, a 9.8% decrease 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 | 4 | 7 | +75.0% |
3 Bedrooms | 20 | 16 | -20.0% |
4 Bedrooms | 14 | 11 | -21.4% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The South 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 75%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in South Middleton Township in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for South Middleton Township, PA
How long does it take to sell a home in South Middleton Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 79 Days | +218.5% |
Summary: Homes in South Middleton Township had an average of 79 days on market in Apr 2024, up by 218.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in South Middleton Township; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.