Is East Hopewell Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Hopewell Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, East Hopewell Township was a Seller's Market.

Key Takeaway

East Hopewell 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 East Hopewell Township, PA

How much do homes in East Hopewell Township, PA cost?

Median Sold Price

$525,000

$149/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$159,500(+43.6%)

Key Takeaway

Homes in East Hopewell Township have sold for 43.6% more than they did a month ago.

Summary: The median home sold price in East Hopewell Township was $525,000 in November 2024, up 43.6% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $365.5K-
N/A
4 --
N/A
5+ -$525K
N/A

Summary: East Hopewell Township housing prices by bedroom type for November 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

East Hopewell Township
+43.6%
Fawn Township
-50.8%

Housing Supply in East Hopewell Township, PA

How many homes are available in East Hopewell Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The East Hopewell Township real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 42
-50.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The East Hopewell Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Hopewell Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in East Hopewell Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for East Hopewell Township, PA

How long does it take to sell a home in East Hopewell Township, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days9 Days+3.8%

Summary: Homes in East Hopewell Township had an average of 9 days on market in Nov 2024, up by 3.8% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Hopewell Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in East Hopewell 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in East Hopewell Township, PA

Nearby Markets to East Hopewell Township, PA

What housing markets are near East Hopewell Township, PA?