Is West Hanover Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Hanover Township was a Neutral Market.
Housing Prices in West Hanover Township, PA
How much do homes in West Hanover Township, PA cost?
Median Sold Price
$330,500
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Hanover Township was $330,500 in April 2024, up 20.2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $256.2K | +2.5% |
3 Bedrooms | $269.9K | $300K | +11.2% |
4 Bedrooms | $329K | $530.2K | +61.2% |
5+ Bedrooms | $748.9K | $564.2K | -24.7% |
Summary: West Hanover 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 11.2%, 4 bedroom homes increased by 61.2%, and 5+ bedroom homes decreased by 24.7%.
Median Sold Price Compared To Nearby Cities
South Hanover Township | $275K | $385K | +40.0% |
West Hanover Township | $275K | $330.5K | +20.2% |
Lower Paxton Township | $300K | $295.2K | -1.6% |
Housing Supply in West Hanover Township, PA
How many homes are available in West Hanover Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 30 | +11.1% |
Summary: The West Hanover Township real estate market had 30 homes for sale in April 2024, a 11.1% 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 | 0 | 3 | +100.0% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The West Hanover 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in West Hanover Township in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for West Hanover Township, PA
How long does it take to sell a home in West Hanover Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 8 Days | -17.1% |
Summary: Homes in West Hanover Township had an average of 8 days on market in Apr 2024, down by 17.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in West Hanover Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.