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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chanceford Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Chanceford Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Chanceford Township, PA

How much do homes in Chanceford Township, PA cost?

Median Sold Price

$261,000

$267/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$24,000(-8.4%)

Key Takeaway

Homes in Chanceford Township have sold for 8.4% less than they did a month ago.

Summary: The median home sold price in Chanceford Township was $261,000 in November 2024, down 8.4% from last month, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $160K$230K
+43.8%
3 $335K$292K
-12.8%
4 --
N/A
5+ --
N/A

Summary: Chanceford Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.8%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chanceford Township, PA

How many homes are available in Chanceford Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1916-15.8%

Summary: The Chanceford Township real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1210
-16.7%
4 44
0.0%
5+ 11
0.0%

Summary: The Chanceford 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 decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chanceford Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chanceford Township in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chanceford Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
2 Days10 Days+275.0%

Summary: Homes in Chanceford Township had an average of 10 days on market in Nov 2024, up by 275% compared to last month.

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 Chanceford Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Chanceford Township; 100% 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 2 Days Ago

Newest Listings in Chanceford Township, PA

Nearby Markets to Chanceford Township, PA

What housing markets are near Chanceford Township, PA?