Is Lower Swatara Township, 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, Lower Swatara Township has remained a Seller's Market.
Housing Prices in Lower Swatara Township, PA
How much do homes in Lower Swatara Township, PA cost?
Median Sold Price
$231,500
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lower Swatara Township was $231,500 in May 2024, up 5.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $172K | $188K | +9.3% |
3 Bedrooms | $217.9K | $229K | +5.1% |
4 Bedrooms | $352.5K | $415K | +17.7% |
5+ Bedrooms | $600K | $485K | -19.2% |
Summary: Lower Swatara 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 increased by 9.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
Middletown | $186K | $225.2K | +21.1% |
Steelton | $125.5K | $142.5K | +13.5% |
Lower Swatara Township | $219K | $231.5K | +5.7% |
Swatara Township | $234.5K | $235K | 0.2% |
Housing Supply in Lower Swatara Township, PA
How many homes are available in Lower Swatara Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 20 | -20.0% |
Summary: The Lower Swatara Township real estate market had 20 homes for sale in May 2024, a 20.0% decrease 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 | 5 | 4 | -20.0% |
3 Bedrooms | 14 | 10 | -28.6% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Lower Swatara 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 decreased by 20%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Lower Swatara Township in May 2024, down by 33.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Lower Swatara Township, PA
How long does it take to sell a home in Lower Swatara Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
6 Days | 5 Days | -8.3% |
Summary: Homes in Lower Swatara Township had an average of 5 days on market in May 2024, down by 8.3% 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 Lower Swatara 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.