$711 Closing Credit*
$59,900
3 Beds
•2 Full Baths
Robert Moncavage, Listing Office: Priority Realty Llc
Is Cumberland Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cumberland Township was a Seller's Market.
Key Takeaway
Cumberland Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cumberland Township, PA
How much do homes in Cumberland Township, PA cost?
Median Sold Price
$195,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,100(+9.0%)
Key Takeaway
Homes in Cumberland Township have sold for 9% more than they did a year ago.
Summary: The median home sold price in Cumberland Township was $195,000 in October 2024, up 9% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $31.5K | - | N/A |
| 2 Bedrooms | $166.2K | $107.7K | -35.2% |
| 3 Bedrooms | $155K | $209.2K | +35.0% |
| 4 Bedrooms | $304.9K | $210.8K | -30.8% |
| 5+ Bedrooms | $252.5K | $275K | +8.9% |
Summary: Cumberland 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 decreased by 35.2%, 3 bedroom homes increased by 35%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 8.9%.
Housing Supply in Cumberland Township, PA
How many homes are available in Cumberland Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Cumberland Township real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cumberland 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 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cumberland 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 Cumberland Township in October 2024, down by 33.3% 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 Cumberland Township, PA
How long does it take to sell a home in Cumberland Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 111 Days | 102 Days | -8.1% |
Summary: Homes in Cumberland Township had an average of 102 days on market in Oct 2024, down by 8.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cumberland Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Cumberland Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
