Is Annville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Annville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Annville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Annville, PA

How much do homes in Annville, PA cost?

Median Sold Price

$344,950

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,950(+3.0%)

Key Takeaway

Homes in Annville have sold for 3% more than they did a year ago.

Summary: The median home sold price in Annville was $344,950 in November 2024, up 3% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $184K$225K
+22.3%
2 $202.4K$337.9K
+66.9%
3 $320K$320K
0.0%
4 $465K$489.4K
+5.3%
5+ $382.9K$237.5K
-38.0%

Summary: Annville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes increased by 66.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 38%.

Median Sold Price Compared To Nearby Cities

Annville
+3.0%
Annville Township
+2.9%
North Londonderry Township
+0.9%
Palmyra
-3.1%

Housing Supply in Annville, PA

How many homes are available in Annville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3338+15.2%

Summary: The Annville real estate market had 38 homes for sale in November 2024, a 15.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2022
+10.0%
4 58
+60.0%
5+ 45
+25.0%

Summary: The Annville 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 25%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Annville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Annville in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Annville, PA

How long does it take to sell a home in Annville, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days16 Days-20.9%

Summary: Homes in Annville had an average of 16 days on market in Nov 2024, down by 20.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Annville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

Newest Listings in Annville, PA

Nearby Markets to Annville, PA

What housing markets are near Annville, PA?