$2,078 Closing Credit*
$175,000
1,319 SqFt
2 Beds
•1 Full Bath
Joseph John Pizzillo, Listing Office: Smires & Associates
Is Chambersburg, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Chambersburg has remained a Seller's Market.
Key Takeaway
Chambersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chambersburg, NJ
How much do homes in Chambersburg, NJ cost?
Median Sold Price
$190,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+40.7%)
Key Takeaway
Homes in Chambersburg have sold for 40.7% more than they did a year ago.
Summary: The median home sold price in Chambersburg was $190,000 in November 2024, up 40.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $140K | +27.3% |
| 3 Bedrooms | $144.9K | $195K | +34.6% |
| 4 Bedrooms | $163.5K | $205K | +25.4% |
| 5+ Bedrooms | $135K | $207.5K | +53.7% |
Summary: Chambersburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 53.7%.
Housing Supply in Chambersburg, NJ
How many homes are available in Chambersburg, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The Chambersburg real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Chambersburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chambersburg, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Chambersburg in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Chambersburg, NJ
How long does it take to sell a home in Chambersburg, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 81 Days | +329.5% |
Summary: Homes in Chambersburg had an average of 81 days on market in Nov 2024, up by 329.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chambersburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Chambersburg; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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