$7,616 Closing Credit*
$641,309
4,568 SqFt
6 Beds
•3 Full Baths, 3 Partial
Casey McCombie, Listing Office: Howard Hanna Kuzneski & Lockard R.E. - Indiana
Is Cherryhill Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cherryhill Township has remained a Seller's Market.
Key Takeaway
Cherryhill Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cherryhill Township, PA
How much do homes in Cherryhill Township, PA cost?
Median Sold Price
$167,000
$143/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$28,000(-14.4%)
Key Takeaway
Homes in Cherryhill Township have sold for 14.4% less than they did a month ago.
Summary: The median home sold price in Cherryhill Township was $167,000 in October 2024, down 14.4% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $195K | $167K | -14.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cherryhill Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cherryhill Township, PA
How many homes are available in Cherryhill Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Cherryhill Township real estate market had 2 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Cherryhill Township 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cherryhill Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Cherryhill Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Cherryhill Township, PA
How long does it take to sell a home in Cherryhill Township, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 2 Days | -87.5% |
Summary: Homes in Cherryhill Township had an average of 2 days on market in Oct 2024, down by 87.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cherryhill Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Cherryhill 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.