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 buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Boiling Springs was a Seller's Market.

Key Takeaway

Boiling Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Boiling Springs, PA

How much do homes in Boiling Springs, PA cost?

Median Sold Price

$371,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$44,200(-10.6%)

Key Takeaway

Homes in Boiling Springs have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Boiling Springs was $371,000 in November 2024, down 10.6% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $175K$175K
0.0%
3 $340K$360.5K
+6.0%
4 $450K$450.5K
0.1%
5+ $450K$578.7K
+28.6%

Summary: Boiling Springs 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 did not change, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 28.6%.

Median Sold Price Compared To Nearby Cities

Monroe Township
+2.6%
Franklin Township
-1.2%
Carroll Township
-2.4%
Boiling Springs
-10.6%
South Middleton Township
-15.1%

Housing Supply in Boiling Springs, PA

How many homes are available in Boiling Springs, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2523-8.0%

Summary: The Boiling Springs real estate market had 23 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 109
-10.0%
4 108
-20.0%
5+ 44
0.0%

Summary: The Boiling Springs 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 increased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boiling Springs, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Boiling Springs in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
14 Days3 Days-78.9%

Summary: Homes in Boiling Springs had an average of 3 days on market in Nov 2024, down by 78.9% compared to last year.

Breakdown of Home Sale Times

2 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 November 2024, 3 homes were sold in Boiling Springs; 67% 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

Newest Listings in Boiling Springs, PA

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