Is Ruscombmanor 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, Ruscombmanor Township was a Neutral Market.
Key Takeaway
Ruscombmanor Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ruscombmanor Township, PA
How much do homes in Ruscombmanor Township, PA cost?
Median Sold Price
$405,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ruscombmanor Township have sold for 27.6% more than they did a year ago.
Summary: The median home sold price in Ruscombmanor Township was $405,000 in April 2024, up 27.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $267.5K | N/A |
| 2 Bedrooms | $209K | $368.5K | +76.3% |
| 3 Bedrooms | $307K | $360K | +17.3% |
| 4 Bedrooms | $418K | $426.5K | +2.0% |
| 5+ Bedrooms | - | $571K | N/A |
Summary: Ruscombmanor 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 76.3%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ruscombmanor Township | $317.5K | $405K | +27.6% |
| Fleetwood | $250K | $295K | +18.0% |
| Oley | $360K | $355.5K | -1.2% |
| Maidencreek Township | $330K | $322.5K | -2.3% |
| Blandon | $340K | $325K | -4.4% |
Housing Supply in Ruscombmanor Township, PA
How many homes are available in Ruscombmanor Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Summary: The Ruscombmanor Township real estate market had 12 homes for sale in April 2024, a 50.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ruscombmanor 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 25%, 4 bedroom homes increased by 75%, 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
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ruscombmanor Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Ruscombmanor Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Ruscombmanor Township, PA
How long does it take to sell a home in Ruscombmanor Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 4 Days | +33.3% |
Summary: Homes in Ruscombmanor Township had an average of 4 days on market in Apr 2024, up by 33.3% 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
Key Takeaway
Many homes in Ruscombmanor Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Ruscombmanor 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.
