Is Springettsbury 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, Springettsbury Township has remained a Seller's Market.
Housing Prices in Springettsbury Township, PA
How much do homes in Springettsbury Township, PA cost?
Median Sold Price
$265,750
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Springettsbury Township was $265,750 in April 2024, up 6.3% 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 | - | $118K | N/A |
2 Bedrooms | $200K | $205K | +2.5% |
3 Bedrooms | $237.5K | $250.2K | +5.4% |
4 Bedrooms | $304K | $346.5K | +14.0% |
5+ Bedrooms | $465K | $533.1K | +14.7% |
Summary: Springettsbury 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 2.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
Hellam Township | $251.2K | $319.4K | +27.1% |
Spring Garden Township | $250K | $270K | +8.0% |
Springettsbury Township | $250K | $265.7K | +6.3% |
Manchester Township | $259K | $270.7K | +4.5% |
East Manchester Township | $300K | $285K | -5.0% |
Housing Supply in Springettsbury Township, PA
How many homes are available in Springettsbury Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 70 | -1.4% |
Summary: The Springettsbury Township real estate market had 70 homes for sale in April 2024, a 1.4% 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 | 7 | 6 | -14.3% |
3 Bedrooms | 41 | 38 | -7.3% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Springettsbury 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 14.3%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 20 | -4.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Springettsbury Township in April 2024, down by 4.8% month-over-month. Of the 20 sold homes, 10% were sold under asking, 45% were sold at asking, and 45% were sold over asking.
Days on Market for Springettsbury Township, PA
How long does it take to sell a home in Springettsbury Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 9 Days | -11.1% |
Summary: Homes in Springettsbury Township had an average of 9 days on market in Apr 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Springettsbury Township; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.