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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hampden Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Hampden Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hampden Township, PA

How much do homes in Hampden Township, PA cost?

Median Sold Price

$380,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,000(+3.8%)

Key Takeaway

Homes in Hampden Township have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Hampden Township was $380,000 in November 2024, up 3.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$155K
0.0%
2 $228K$266K
+16.7%
3 $317K$343.5K
+8.4%
4 $480K$450K
-6.3%
5+ $576K$662.4K
+15.0%

Summary: Hampden 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 increased by 16.7%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Cities

Mechanicsburg
+7.9%
Silver Spring Township
+5.0%
Hampden Township
+3.8%
Enola
+3.2%

Housing Supply in Hampden Township, PA

How many homes are available in Hampden Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7666-13.2%

Summary: The Hampden Township real estate market had 66 homes for sale in November 2024, a 13.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 3227
-15.6%
4 2220
-9.1%
5+ 149
-35.7%

Summary: The Hampden 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 25%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 35.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2618-30.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hampden Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Hampden Township in November 2024, down by 30.8% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.

Days on Market for Hampden Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days21 Days+66.9%

Summary: Homes in Hampden Township had an average of 21 days on market in Nov 2024, up by 66.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Hampden Township; 72% of homes were sold within 30 days, 28% 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 Hampden Township, PA

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