Is Heidelberg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Heidelberg has remained a Seller's Market.
Key Takeaway
Heidelberg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Heidelberg, PA
How much do homes in Heidelberg, PA cost?
Median Sold Price
$179,900
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Heidelberg have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Heidelberg was $179,900 in May 2024, up 2.8% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.5K | - | N/A |
| 2 Bedrooms | $184K | $147.4K | -19.9% |
| 3 Bedrooms | $174K | $205K | +17.8% |
| 4 Bedrooms | $242.7K | $170K | -30.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Heidelberg 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 19.9%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Scott Township | $209.2K | $242K | +15.7% |
| Heidelberg | $175K | $179.9K | +2.8% |
Housing Supply in Heidelberg, PA
How many homes are available in Heidelberg, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The Heidelberg real estate market had 8 homes for sale in May 2024, a 60.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Heidelberg 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 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Heidelberg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Heidelberg in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Heidelberg, PA
How long does it take to sell a home in Heidelberg, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 9 Days | +50.0% |
Summary: Homes in Heidelberg had an average of 9 days on market in May 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Heidelberg are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Heidelberg; 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.
