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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granville Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Granville Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Granville Township, PA

How much do homes in Granville Township, PA cost?

Median Sold Price

$170,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,000(+0.6%)

Key Takeaway

Homes in Granville Township have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Granville Township was $170,000 in November 2024, up 0.6% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $133.5K$84.5K
-36.7%
2 $135K$138K
+2.2%
3 $180K$202.5K
+12.5%
4 $265.9K$219K
-17.6%
5+ $139.5K$316.2K
+126.7%

Summary: Granville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.7%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 126.7%.

Median Sold Price Compared To Nearby Cities

Lewistown
+2.1%
Granville Township
+0.6%
Derry Township
-4.1%

Housing Supply in Granville Township, PA

How many homes are available in Granville Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1013+30.0%

Summary: The Granville Township real estate market had 13 homes for sale in November 2024, a 30.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 79
+28.6%
4 23
+50.0%
5+ 00
0.0%

Summary: The Granville 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 increased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granville Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Granville Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days10 Days-72.7%

Summary: Homes in Granville Township had an average of 10 days on market in Nov 2024, down by 72.7% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Granville 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 21 Days Ago

Newest Listings in Granville Township, PA

Nearby Markets to Granville Township, PA