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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Nantmeal Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, East Nantmeal Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in East Nantmeal Township, PA

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

Median Sold Price

$617,500

$233/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$81,500(-11.7%)

Key Takeaway

Homes in East Nantmeal Township have sold for 11.7% less than they did a month ago.

Summary: The median home sold price in East Nantmeal Township was $617,500 in November 2024, down 11.7% from last month, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 -$617.5K
N/A
5+ $699K-
N/A

Summary: East Nantmeal 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.

Housing Supply in East Nantmeal Township, PA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The East Nantmeal Township real estate market had 9 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 00
0.0%
3 43
-25.0%
4 46
+50.0%
5+ 10
-100.0%

Summary: The East Nantmeal 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Nantmeal Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in East Nantmeal Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for East Nantmeal Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
50 Days9 Days-82.0%

Summary: Homes in East Nantmeal Township had an average of 9 days on market in Nov 2024, down by 82% 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 East Nantmeal Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in East Nantmeal 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 17 Days Ago

Newest Listings in East Nantmeal Township, PA

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