Is South Whitehall Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Whitehall Township is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, South Whitehall Township has remained a Seller's Market.

Key Takeaway

South Whitehall Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Whitehall Township, PA

How much do homes in South Whitehall Township, PA cost?

Median Sold Price

$401,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$21,333(+5.6%)

Key Takeaway

Homes in South Whitehall Township have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in South Whitehall Township was $401,000 in August 2024, up 5.6% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$215.7K
N/A
2 $280K$291K
+3.9%
3 $350K$376K
+7.4%
4 $426K$450K
+5.6%
5+ $442.5K$549.9K
+24.3%

Summary: South Whitehall Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 24.3%.

Median Sold Price Compared To Nearby Cities

Allentown
+14.0%
South Whitehall Township
+5.6%
Salisbury Township
+4.7%
Whitehall Township
+1.9%
Whitehall
+1.9%

Housing Supply in South Whitehall Township, PA

How many homes are available in South Whitehall Township, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
7489+20.3%

Summary: The South Whitehall Township real estate market had 89 homes for sale in August 2024, a 20.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 36
+100.0%
3 4446
+4.5%
4 2232
+45.5%
5+ 44
0.0%

Summary: The South Whitehall Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1326+100.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Whitehall Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in South Whitehall Township in August 2024, up by 100.0% month-over-month. Of the 26 sold homes, 46% were sold under asking, 4% were sold at asking, and 50% were sold over asking.

Days on Market for South Whitehall Township, PA

How long does it take to sell a home in South Whitehall Township, PA?

Average Sale Time

Aug 2023Aug 2024CHANGE
13 Days19 Days+42.8%

Summary: Homes in South Whitehall Township had an average of 19 days on market in Aug 2024, up by 42.8% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Whitehall Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 26 homes were sold in South Whitehall Township; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in South Whitehall Township, PA

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What housing markets are near South Whitehall Township, PA?