Is Menallen 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, Menallen Township has remained a Seller's Market.
Housing Prices in Menallen Township, PA
How much do homes in Menallen Township, PA cost?
Median Sold Price
$304,900
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Menallen Township was $304,900 in April 2024, up 2.5% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $219.9K | $162.5K | -26.1% |
3 Bedrooms | $300K | $300K | 0.0% |
4 Bedrooms | $395K | $365K | -7.6% |
5+ Bedrooms | $185K | $290K | +56.8% |
Summary: Menallen 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 26.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 56.8%.
Median Sold Price Compared To Nearby Cities
Butler Township | $210K | $219.9K | +4.7% |
Menallen Township | $297.5K | $304.9K | +2.5% |
Housing Supply in Menallen Township, PA
How many homes are available in Menallen Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Summary: The Menallen Township real estate market had 6 homes for sale in April 2024, a 14.3% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Menallen 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 increased by 33.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Menallen Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Menallen Township, PA
How long does it take to sell a home in Menallen Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 101 Days | +173.0% |
Summary: Homes in Menallen Township had an average of 101 days on market in Apr 2024, up by 173% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Menallen Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.