$1,246 Closing Credit*
$104,900
2 Beds
•1 Full Bath
Joshua Crowe, Listing Office: Berkshire Hathaway The Preferred Realty
Is German Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, German Township was a Seller's Market.
Key Takeaway
German Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in German Township, PA
How much do homes in German Township, PA cost?
Median Sold Price
$132,500
$70/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$38,450(-22.5%)
Key Takeaway
Homes in German Township have sold for 22.5% less than they did a year ago.
Summary: The median home sold price in German Township was $132,500 in October 2024, down 22.5% from last year, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $59.9K | $131K | +118.5% |
| 3 Bedrooms | $223K | $164.5K | -26.2% |
| 4 Bedrooms | $143.5K | $130K | -9.4% |
| 5+ Bedrooms | $27K | - | N/A |
Summary: German Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 118.5%, 3 bedroom homes decreased by 26.2%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes did not change.
Housing Supply in German Township, PA
How many homes are available in German Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The German Township real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The German Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in German 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 German 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 German Township, PA
How long does it take to sell a home in German Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 10 Days | -48.7% |
Summary: Homes in German Township had an average of 10 days on market in Oct 2024, down by 48.7% compared to last year.
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 German Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in German 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.
