$6,234 Closing Credit*
$524,999
1,120 SqFt
3 Beds
•1 Full Bath, 1 Partial
Christopher J Carr, Listing Office: HomeZu by Simple Choice
Is East Hanover Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, East Hanover Township was a Seller's Market.
Key Takeaway
East Hanover Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Hanover Township, PA
How much do homes in East Hanover Township, PA cost?
Median Sold Price
$400,000
$173/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$122,500(-23.4%)
Key Takeaway
Homes in East Hanover Township have sold for 23.4% less than they did a month ago.
Summary: The median home sold price in East Hanover Township was $400,000 in December 2024, down 23.4% from last month, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $350K | - | N/A |
| 4 Bedrooms | $660K | $400K | -39.4% |
| 5+ Bedrooms | $685K | - | N/A |
Summary: East Hanover Township housing prices by bedroom type for December 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 decreased by 39.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Grantville | $385K | $400K | +3.9% |
| East Hanover Township | $522.5K | $400K | -23.4% |
Housing Supply in East Hanover Township, PA
How many homes are available in East Hanover Township, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Summary: The East Hanover Township real estate market had 9 homes for sale in December 2024, a 30.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The East Hanover Township housing inventory by bedroom type for December 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 40%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
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 East Hanover 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 East Hanover Township in December 2024, down by 75.0% month-over-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 East Hanover Township, PA
How long does it take to sell a home in East Hanover Township, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 37 Days | 8 Days | -78.4% |
Summary: Homes in East Hanover Township had an average of 8 days on market in Dec 2024, down by 78.4% 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 East Hanover Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in East Hanover 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.
