$2,850 Closing Credit*
$240,000
2,056 SqFt
3 Beds
•1 Full Bath, 1 Partial
Krista Joan Carroll, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Chambersburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Chambersburg has remained a Seller's Market.
Key Takeaway
Chambersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chambersburg, PA
How much do homes in Chambersburg, PA cost?
Median Sold Price
$274,378
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$10,278(+3.9%)
Key Takeaway
Homes in Chambersburg have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Chambersburg was $274,378 in December 2024, up 3.9% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $177.2K | N/A |
| 2 Bedrooms | $200K | $221K | +10.5% |
| 3 Bedrooms | $250K | $265K | +6.0% |
| 4 Bedrooms | $340.4K | $347.1K | +1.9% |
| 5+ Bedrooms | $449.9K | $403K | -10.4% |
Summary: Chambersburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 10.4%.
Median Sold Price Compared To Nearby Cities
| Greene Township | $266.2K | $290K | +8.9% |
| Hamilton Township | $300K | $319.9K | +6.6% |
| Chambersburg | $264.1K | $274.3K | +3.9% |
| Guilford Township | $296.5K | $304.6K | +2.8% |
Housing Supply in Chambersburg, PA
How many homes are available in Chambersburg, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 177 | 152 | -14.1% |
Summary: The Chambersburg real estate market had 152 homes for sale in December 2024, a 14.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 26 | 18 | -30.8% |
| 3 Bedrooms | 91 | 77 | -15.4% |
| 4 Bedrooms | 55 | 48 | -12.7% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Chambersburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 48 | 34 | -29.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chambersburg, you may be able to get a good deal. 38.2% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Chambersburg in December 2024, down by 29.2% month-over-month. Of the 34 sold homes, 38% were sold under asking, 35% were sold at asking, and 26% were sold over asking.
Days on Market for Chambersburg, PA
How long does it take to sell a home in Chambersburg, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 38 Days | 40 Days | +5.7% |
Summary: Homes in Chambersburg had an average of 40 days on market in Dec 2024, up by 5.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chambersburg are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 34 homes were sold in Chambersburg; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
