$4,571 Closing Credit*
$384,900
1,888 SqFt
4 Beds
•1 Full Bath, 1 Partial
Chad Hurst, Listing Office: Kingsway Realty - Lancaster
Is Honey Brook Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Honey Brook Township has remained a Seller's Market.
Key Takeaway
Honey Brook Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Honey Brook Township, PA
How much do homes in Honey Brook Township, PA cost?
Median Sold Price
$420,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+10.5%)
Key Takeaway
Homes in Honey Brook Township have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Honey Brook Township was $420,000 in October 2024, up 10.5% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $349.6K | $470K | +34.4% |
| 3 Bedrooms | $352.5K | $399K | +13.2% |
| 4 Bedrooms | $474.9K | $519.8K | +9.5% |
| 5+ Bedrooms | $636.5K | $560K | -12.0% |
Summary: Honey Brook 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 34.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Cities
| Caernarvon Township | $303K | $365K | +20.5% |
| Honey Brook | $375K | $415K | +10.7% |
| Honey Brook Township | $380K | $420K | +10.5% |
| Morgantown | $400K | $428K | +7.0% |
Housing Supply in Honey Brook Township, PA
How many homes are available in Honey Brook Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Summary: The Honey Brook Township real estate market had 30 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 18 | 14 | -22.2% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Honey Brook 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Honey Brook Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Honey Brook Township in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for Honey Brook Township, PA
How long does it take to sell a home in Honey Brook Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 22 Days | +50.0% |
Summary: Homes in Honey Brook Township had an average of 22 days on market in Oct 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Honey Brook Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Honey Brook Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
