Is Springettsbury 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, Springettsbury Township has remained a Seller's Market.
Key Takeaway
Springettsbury Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Springettsbury Township, PA
How much do homes in Springettsbury Township, PA cost?
Median Sold Price
$265,750
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Springettsbury Township have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Springettsbury Township was $265,750 in April 2024, up 6.3% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $118K | N/A |
| 2 Bedrooms | $200K | $205K | +2.5% |
| 3 Bedrooms | $237.5K | $250.2K | +5.4% |
| 4 Bedrooms | $304K | $346.5K | +14.0% |
| 5+ Bedrooms | $465K | $533.1K | +14.7% |
Summary: Springettsbury 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 2.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
| Hellam Township | $251.2K | $319.4K | +27.1% |
| Spring Garden Township | $250K | $270K | +8.0% |
| Springettsbury Township | $250K | $265.7K | +6.3% |
| Manchester Township | $259K | $270.7K | +4.5% |
| East Manchester Township | $300K | $285K | -5.0% |
Housing Supply in Springettsbury Township, PA
How many homes are available in Springettsbury Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 71 | 70 | -1.4% |
Summary: The Springettsbury Township real estate market had 70 homes for sale in April 2024, a 1.4% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Springettsbury 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 decreased by 14.3%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Springettsbury Township, expect to pay close to the asking price. 45% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in Springettsbury Township in April 2024, down by 4.8% month-over-month. Of the 20 sold homes, 10% were sold under asking, 45% were sold at asking, and 45% were sold over asking.
Days on Market for Springettsbury Township, PA
How long does it take to sell a home in Springettsbury Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 9 Days | -11.1% |
Summary: Homes in Springettsbury Township had an average of 9 days on market in Apr 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Springettsbury Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Springettsbury Township; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
