$8,194 Closing Credit*
$690,000
6,506 SqFt
4 Beds
•5 Full Baths, 1 Partial
Barbara Averell, Listing Office: Exp Realty Llc
Is Chippewa Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Chippewa Township has remained a Neutral Market.
Key Takeaway
Chippewa Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chippewa Township, PA
How much do homes in Chippewa Township, PA cost?
Median Sold Price
$281,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,000(+2.2%)
Key Takeaway
Homes in Chippewa Township have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Chippewa Township was $281,000 in October 2024, up 2.2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $50K | N/A |
| 2 Bedrooms | $206K | $227K | +10.2% |
| 3 Bedrooms | $260.5K | $273.5K | +5.0% |
| 4 Bedrooms | $386.5K | $330K | -14.6% |
| 5+ Bedrooms | $328K | $607.5K | +85.2% |
Summary: Chippewa Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes increased by 85.2%.
Median Sold Price Compared To Nearby Cities
| Patterson Township | $169K | $192.5K | +13.9% |
| Chippewa Township | $275K | $281K | +2.2% |
Housing Supply in Chippewa Township, PA
How many homes are available in Chippewa Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The Chippewa Township real estate market had 33 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Chippewa 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 increased by 75%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chippewa Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Chippewa Township in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Chippewa Township, PA
How long does it take to sell a home in Chippewa Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 36 Days | -43.8% |
Summary: Homes in Chippewa Township had an average of 36 days on market in Oct 2024, down by 43.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chippewa Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Chippewa Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
