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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guilford Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Guilford Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Guilford Township, PA

How much do homes in Guilford Township, PA cost?

Median Sold Price

$300,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.7%)

Key Takeaway

Homes in Guilford Township have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Guilford Township was $300,000 in October 2024, up 1.7% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $218.7K$252.4K
+15.4%
3 $284K$292K
+2.8%
4 $330K$345K
+4.5%
5+ $450K$405K
-10.0%

Summary: Guilford 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 15.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Greene Township
+9.4%
Hamilton Township
+8.3%
Chambersburg
+4.3%
Guilford Township
+1.7%

Housing Supply in Guilford Township, PA

How many homes are available in Guilford Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6562-4.6%

Summary: The Guilford Township real estate market had 62 homes for sale in October 2024, a 4.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 108
-20.0%
3 3534
-2.9%
4 1517
+13.3%
5+ 53
-40.0%

Summary: The Guilford 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 decreased by 20%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guilford Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Guilford Township in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Guilford Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days29 Days+58.0%

Summary: Homes in Guilford Township had an average of 29 days on market in Oct 2024, up by 58% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Guilford Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

Newest Listings in Guilford Township, PA

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