Is Swatara 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, Swatara Township has remained a Seller's Market.
Key Takeaway
Swatara Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swatara Township, PA
How much do homes in Swatara Township, PA cost?
Median Sold Price
$235,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Swatara Township has remained the same since last year.
Summary: The median home sold price in Swatara Township was $235,000 in May 2024, up 0.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136K | $135K | -0.7% |
| 2 Bedrooms | $175K | $205K | +17.1% |
| 3 Bedrooms | $235.7K | $235K | -0.3% |
| 4 Bedrooms | $265K | $305K | +15.1% |
| 5+ Bedrooms | $215K | $385K | +79.1% |
Summary: Swatara Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 79.1%.
Median Sold Price Compared To Nearby Cities
| Steelton | $125.5K | $142.5K | +13.5% |
| New Cumberland | $249K | $265K | +6.4% |
| Swatara Township | $234.5K | $235K | 0.2% |
Housing Supply in Swatara Township, PA
How many homes are available in Swatara Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 56 | 60 | +7.1% |
Summary: The Swatara Township real estate market had 60 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 34 | 38 | +11.8% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Swatara Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swatara Township, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Swatara Township in May 2024, down by 15.4% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for Swatara Township, PA
How long does it take to sell a home in Swatara Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 19 Days | +161.8% |
Summary: Homes in Swatara Township had an average of 19 days on market in May 2024, up by 161.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Swatara Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Swatara Township; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
