Is Spring Grove, 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, Spring Grove has remained a Seller's Market.
Housing Prices in Spring Grove, PA
How much do homes in Spring Grove, PA cost?
Median Sold Price
$304,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Spring Grove was $304,000 in April 2024, down 5% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $219.9K | - | N/A |
2 Bedrooms | $219K | $248.9K | +13.7% |
3 Bedrooms | $220.5K | $267.5K | +21.3% |
4 Bedrooms | $348K | $362.6K | +4.2% |
5+ Bedrooms | $547.7K | $390K | -28.8% |
Summary: Spring Grove 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 13.7%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 28.8%.
Median Sold Price Compared To Nearby Cities
North Codorus Township | $281.2K | $295K | +4.9% |
Spring Grove | $319.9K | $304K | -5.0% |
Jackson Township | $303.1K | $280K | -7.6% |
Housing Supply in Spring Grove, PA
How many homes are available in Spring Grove, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 48 | +20.0% |
Summary: The Spring Grove real estate market had 48 homes for sale in April 2024, a 20.0% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 12 | 17 | +41.7% |
4 Bedrooms | 21 | 24 | +14.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Spring Grove 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 increased by 50%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Spring Grove in April 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for Spring Grove, PA
How long does it take to sell a home in Spring Grove, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 36 Days | +74.5% |
Summary: Homes in Spring Grove had an average of 36 days on market in Apr 2024, up by 74.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Spring Grove; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.