Is East Manchester Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Manchester Township was a Buyer's Market.
Housing Prices in East Manchester Township, PA
How much do homes in East Manchester Township, PA cost?
Median Sold Price
$295,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Manchester Township was $295,000 in May 2024, down 0.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $229.9K | $170K | -26.1% |
3 Bedrooms | $273.4K | $264K | -3.5% |
4 Bedrooms | $351K | $356.2K | +1.5% |
5+ Bedrooms | $669.8K | $590.8K | -11.8% |
Summary: East Manchester 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 26.1%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Cities
Conoy Township | $252.5K | $305K | +20.8% |
Bainbridge | $250K | $302K | +20.8% |
Mount Wolf | $276.4K | $305K | +10.3% |
Manchester | $222.5K | $232.4K | +4.5% |
East Manchester Township | $297.4K | $295K | -0.8% |
Housing Supply in East Manchester Township, PA
How many homes are available in East Manchester Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The East Manchester Township real estate market had 23 homes for sale in May 2024, a 4.5% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Manchester 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in East Manchester Township in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for East Manchester Township, PA
How long does it take to sell a home in East Manchester Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 6 Days | +9.1% |
Summary: Homes in East Manchester Township had an average of 6 days on market in May 2024, up by 9.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in East Manchester 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.