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 buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, East Nantmeal Township has remained a Buyer's Market.

Key Takeaway

East Nantmeal Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Nantmeal Township, PA

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

Median Sold Price

$699,000

$219/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$221,000(-24.0%)

Key Takeaway

Homes in East Nantmeal Township have sold for 24% less than they did a month ago.

Summary: The median home sold price in East Nantmeal Township was $699,000 in October 2024, down 24% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $920K-
N/A
5+ -$699K
N/A

Summary: East Nantmeal Township housing prices by bedroom type for October 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

Sep 2024Oct 2024CHANGE
810+25.0%

Summary: The East Nantmeal Township real estate market had 10 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 24
+100.0%
4 44
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Nantmeal Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in East Nantmeal Township in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
12 Days50 Days+316.7%

Summary: Homes in East Nantmeal Township had an average of 50 days on market in Oct 2024, up by 316.7% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in East Nantmeal Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in East Nantmeal Township; 0% of homes were sold within 30 days, 100% 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 16 Days Ago

Newest Listings in East Nantmeal Township, PA

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What housing markets are near East Nantmeal Township, PA?