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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Manchester Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, East Manchester Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Manchester Township, PA

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

Median Sold Price

$327,450

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,450(+9.2%)

Key Takeaway

Homes in East Manchester Township have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in East Manchester Township was $327,450 in November 2024, up 9.2% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $175.4K$197K
+12.3%
3 $265.4K$285K
+7.4%
4 $355.4K$370K
+4.1%
5+ $651.2K$471K
-27.7%

Summary: East Manchester Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 27.7%.

Median Sold Price Compared To Nearby Cities

Manchester
+23.3%
East Manchester Township
+9.2%
Conoy Township
+6.2%
Bainbridge
+6.2%
Mount Wolf
+2.7%

Housing Supply in East Manchester Township, PA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3037+23.3%

Summary: The East Manchester Township real estate market had 37 homes for sale in November 2024, a 23.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1217
+41.7%
4 1717
0.0%
5+ 11
0.0%

Summary: The East Manchester 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 increased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Manchester Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in East Manchester Township in November 2024, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for East Manchester Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days16 Days-15.6%

Summary: Homes in East Manchester Township had an average of 16 days on market in Nov 2024, down by 15.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in East Manchester Township; 89% of homes were sold within 30 days, 11% 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 21 Days Ago

Newest Listings in East Manchester Township, PA

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