Is Cumberland 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, Cumberland Township was a Seller's Market.
Housing Prices in Cumberland Township, PA
How much do homes in Cumberland Township, PA cost?
Median Sold Price
$184,450
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cumberland Township was $184,450 in April 2024, up 13.9% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $31.5K | N/A |
2 Bedrooms | $115K | $105.5K | -8.3% |
3 Bedrooms | $150K | $171.9K | +14.6% |
4 Bedrooms | $199K | $304.9K | +53.2% |
5+ Bedrooms | - | $252.5K | N/A |
Summary: Cumberland 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 8.3%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 53.2%, and 5+ bedroom homes did not change.
Housing Supply in Cumberland Township, PA
How many homes are available in Cumberland Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 21 | 0.0% |
Summary: The Cumberland Township real estate market had 21 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cumberland Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Cumberland Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cumberland Township, PA
How long does it take to sell a home in Cumberland Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 10 Days | -89.7% |
Summary: Homes in Cumberland Township had an average of 10 days on market in Apr 2024, down by 89.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Cumberland 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.