Is Boiling Springs, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boiling Springs is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Boiling Springs, PA

How much do homes in Boiling Springs, PA cost?

Median Sold Price

$361,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$59,700(-14.2%)

Key Takeaway

Homes in Boiling Springs have sold for 14.2% less than they did a year ago.

Summary: The median home sold price in Boiling Springs was $361,000 in October 2024, down 14.2% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $167.5K$187.5K
+11.9%
3 $345K$360.5K
+4.5%
4 $450K$400K
-11.1%
5+ $450K$542.5K
+20.6%

Summary: Boiling Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Cities

Carroll Township
+0.6%
Franklin Township
-0.8%
Monroe Township
-7.5%
Boiling Springs
-14.2%
South Middleton Township
-19.5%

Housing Supply in Boiling Springs, PA

How many homes are available in Boiling Springs, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2325+8.7%

Summary: The Boiling Springs real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1110
-9.1%
4 89
+12.5%
5+ 34
+33.3%

Summary: The Boiling Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boiling Springs, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Boiling Springs in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 63% were sold at asking, and 25% were sold over asking.

Days on Market for Boiling Springs, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days8 Days-52.1%

Summary: Homes in Boiling Springs had an average of 8 days on market in Oct 2024, down by 52.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Boiling Springs; 88% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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