$2,244 Closing Credit*
$189,000
4 Beds
•2 Full Baths, 1 Partial
CARL E OCKER, Listing Office: Core LLC
Is Chambersburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$270,025
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,025(+3.1%)
Key Takeaway
Homes in Chambersburg have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Chambersburg was $270,025 in November 2024, up 3.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $177.2K | N/A |
| 2 Bedrooms | $200K | $219K | +9.5% |
| 3 Bedrooms | $249.9K | $264.5K | +5.8% |
| 4 Bedrooms | $334.9K | $346K | +3.3% |
| 5+ Bedrooms | $427.4K | $421.4K | -1.4% |
Summary: Chambersburg 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 increased by 9.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
| Greene Township | $265K | $290K | +9.4% |
| Hamilton Township | $299.9K | $324.9K | +8.4% |
| Chambersburg | $262K | $270K | +3.1% |
| Guilford Township | $297K | $300K | +1.0% |
Housing Supply in Chambersburg, PA
How many homes are available in Chambersburg, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 198 | 177 | -10.6% |
Summary: The Chambersburg real estate market had 177 homes for sale in November 2024, a 10.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 31 | 27 | -12.9% |
| 3 Bedrooms | 99 | 92 | -7.1% |
| 4 Bedrooms | 56 | 51 | -8.9% |
| 5+ Bedrooms | 12 | 7 | -41.7% |
Summary: The Chambersburg 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 decreased by 12.9%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 41.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 46 | -17.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chambersburg, expect to pay close to the asking price. 34.8% of homes here sold near the asking price last month.
Summary: A total of 46 homes were sold or pending in Chambersburg in November 2024, down by 17.9% month-over-month. Of the 46 sold homes, 33% were sold under asking, 35% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 22 Days | +66.0% |
Summary: Homes in Chambersburg had an average of 22 days on market in Nov 2024, up by 66% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 46 homes were sold in Chambersburg; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
