Is West Pennsboro 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, West Pennsboro Township has remained a Seller's Market.
Key Takeaway
West Pennsboro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Pennsboro Township, PA
How much do homes in West Pennsboro Township, PA cost?
Median Sold Price
$320,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Pennsboro Township have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in West Pennsboro Township was $320,000 in April 2024, up 18.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $177.5K | $199.9K | +12.6% |
| 3 Bedrooms | $245K | $310K | +26.5% |
| 4 Bedrooms | $355K | $365K | +2.8% |
| 5+ Bedrooms | $423.5K | $404.9K | -4.4% |
Summary: West Pennsboro 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 12.6%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Lower Frankford Township | $237.4K | $357K | +50.3% |
| Newville | $224K | $273K | +21.9% |
| West Pennsboro Township | $271K | $320K | +18.1% |
Housing Supply in West Pennsboro Township, PA
How many homes are available in West Pennsboro Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The West Pennsboro Township real estate market had 14 homes for sale in April 2024, a 22.2% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 3 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The West Pennsboro 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 remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Pennsboro Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in West Pennsboro Township in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for West Pennsboro Township, PA
How long does it take to sell a home in West Pennsboro Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 5 Days | -89.1% |
Summary: Homes in West Pennsboro Township had an average of 5 days on market in Apr 2024, down by 89.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Pennsboro Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in West Pennsboro 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.
