Is Annville 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, Annville Township has remained a Seller's Market.
Housing Prices in Annville Township, PA
How much do homes in Annville Township, PA cost?
Median Sold Price
$340,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Annville Township was $340,000 in May 2024, up 7.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $184K | N/A |
2 Bedrooms | $214.9K | $227.5K | +5.9% |
3 Bedrooms | $290K | $295K | +1.7% |
4 Bedrooms | $486K | $502K | +3.3% |
5+ Bedrooms | $430K | $269K | -37.4% |
Summary: Annville 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 5.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 37.4%.
Median Sold Price Compared To Nearby Cities
Annville Township | $315K | $340K | +7.9% |
Annville | $315K | $340K | +7.9% |
South Annville Township | $340.9K | $340K | -0.3% |
North Cornwall Township | $300K | $280.9K | -6.4% |
Housing Supply in Annville Township, PA
How many homes are available in Annville Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 38 | +15.2% |
Summary: The Annville Township real estate market had 38 homes for sale in May 2024, a 15.2% 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 | 4 | 7 | +75.0% |
3 Bedrooms | 21 | 24 | +14.3% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Annville 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 increased by 75%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Annville Township in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Annville Township, PA
How long does it take to sell a home in Annville Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 125 Days | +1590.6% |
Summary: Homes in Annville Township had an average of 125 days on market in May 2024, up by 1590.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Annville Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.