$7,124 Closing Credit*
$599,900
2,082 SqFt
4 Beds
•2 Full Baths, 1 Partial
Naomi E Brown, Listing Office: Capstone Commercial
Is Hershey, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hershey has remained a Seller's Market.
Key Takeaway
Hershey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hershey, PA
How much do homes in Hershey, PA cost?
Median Sold Price
$419,900
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,900(+10.2%)
Key Takeaway
Homes in Hershey have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Hershey was $419,900 in November 2024, up 10.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $271.2K | $298K | +9.9% |
| 3 Bedrooms | $342.5K | $350K | +2.2% |
| 4 Bedrooms | $476K | $490K | +2.9% |
| 5+ Bedrooms | $575K | $580K | +0.9% |
Summary: Hershey 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 9.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Hershey | $381K | $419.9K | +10.2% |
| North Londonderry Township | $375.7K | $379.1K | +0.9% |
| Derry Township | $342.5K | $335.4K | -2.0% |
| Palmyra | $320K | $310K | -3.1% |
Housing Supply in Hershey, PA
How many homes are available in Hershey, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 28 | -17.6% |
Summary: The Hershey real estate market had 28 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Hershey 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hershey, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hershey in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Hershey, PA
How long does it take to sell a home in Hershey, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 57 Days | +40.0% |
Summary: Homes in Hershey had an average of 57 days on market in Nov 2024, up by 40% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hershey are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Hershey; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
