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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Annville Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Annville Township, PA

How much do homes in Annville Township, PA cost?

Median Sold Price

$349,950

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,950(+2.9%)

Key Takeaway

Homes in Annville Township have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Annville Township was $349,950 in November 2024, up 2.9% 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 $190K$309.7K
+63.0%
3 $318.9K$322.4K
+1.1%
4 $465K$489.4K
+5.3%
5+ $382.9K$237.5K
-38.0%

Summary: Annville Township 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 63%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 38%.

Median Sold Price Compared To Nearby Cities

North Cornwall Township
+35.0%
Annville
+3.0%
Annville Township
+2.9%
Cleona
-0.8%

Housing Supply in Annville Township, PA

How many homes are available in Annville Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3238+18.8%

Summary: The Annville Township real estate market had 38 homes for sale in November 2024, a 18.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1921
+10.5%
4 58
+60.0%
5+ 45
+25.0%

Summary: The Annville Township 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 remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

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 Township, 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 Township in November 2024, up by 60.0% 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 Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days16 Days-24.2%

Summary: Homes in Annville Township had an average of 16 days on market in Nov 2024, down by 24.2% 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Annville Township; 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 17 Days Ago

Newest Listings in Annville Township, PA

Nearby Markets to Annville Township, PA

What housing markets are near Annville Township, PA?