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 seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Guilford Township, PA

How much do homes in Guilford Township, PA cost?

Median Sold Price

$300,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+1.0%)

Key Takeaway

Homes in Guilford Township have sold for 1% more than they did a year ago.

Summary: The median home sold price in Guilford Township was $300,000 in November 2024, up 1% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $231.2K$230K
-0.5%
3 $288.5K$285K
-1.2%
4 $330K$365K
+10.6%
5+ $450K$405K
-10.0%

Summary: Guilford Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Greene Township
+9.4%
Hamilton Township
+8.4%
Chambersburg
+3.1%
Guilford Township
+1.0%

Housing Supply in Guilford Township, PA

How many homes are available in Guilford Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6560-7.7%

Summary: The Guilford Township real estate market had 60 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 3634
-5.6%
4 1714
-17.6%
5+ 31
-66.7%

Summary: The Guilford 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 increased by 22.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1117+54.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guilford Township, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Guilford Township in November 2024, up by 54.5% month-over-month. Of the 17 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% 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

Nov 2023Nov 2024CHANGE
14 Days39 Days+172.2%

Summary: Homes in Guilford Township had an average of 39 days on market in Nov 2024, up by 172.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 November 2024, 17 homes were sold in Guilford Township; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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 22 Days Ago

Newest Listings in Guilford Township, PA

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