Is South Londonderry Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, South Londonderry Township has remained a Seller's Market.
Housing Prices in South Londonderry Township, PA
How much do homes in South Londonderry Township, PA cost?
Median Sold Price
$390,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Londonderry Township was $390,000 in May 2024, up 13% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $333.5K | N/A |
2 Bedrooms | $342.4K | $216K | -36.9% |
3 Bedrooms | $265K | $307.5K | +16.0% |
4 Bedrooms | $458.1K | $460K | 0.4% |
5+ Bedrooms | $400K | $415K | +3.8% |
Summary: South Londonderry Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.9%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Cities
South Londonderry Township | $345K | $390K | +13.0% |
Mount Gretna | $360K | $390K | +8.3% |
South Annville Township | $340.9K | $340K | -0.3% |
Housing Supply in South Londonderry Township, PA
How many homes are available in South Londonderry Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 25 | +47.1% |
Summary: The South Londonderry Township real estate market had 25 homes for sale in May 2024, a 47.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The South Londonderry Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in South Londonderry Township in May 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for South Londonderry Township, PA
How long does it take to sell a home in South Londonderry Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 93 Days | +1765.7% |
Summary: Homes in South Londonderry Township had an average of 93 days on market in May 2024, up by 1765.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in South Londonderry Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.