Is Conestoga, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conestoga is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Conestoga has remained a Seller's Market.

Key Takeaway

Conestoga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Conestoga, PA

How much do homes in Conestoga, PA cost?

Median Sold Price

$300,000

$186/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$11,200(-3.6%)

Key Takeaway

Homes in Conestoga have sold for 3.6% less than they did a month ago.

Summary: The median home sold price in Conestoga was $300,000 in October 2024, down 3.6% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$270K
N/A
3 $311.2K-
N/A
4 -$330K
N/A
5+ --
N/A

Summary: Conestoga 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Conestoga
-3.6%
Conestoga Township
-3.6%

Housing Supply in Conestoga, PA

How many homes are available in Conestoga, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The Conestoga real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 64
-33.3%
4 33
0.0%
5+ 01
+100.0%

Summary: The Conestoga 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conestoga, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Conestoga in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Conestoga, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
21 Days9 Days-56.3%

Summary: Homes in Conestoga had an average of 9 days on market in Oct 2024, down by 56.3% 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 Conestoga are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Conestoga; 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 17 Days Ago

Newest Listings in Conestoga, PA

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