$1,841 Closing Credit*
$155,000
2 Beds
•1 Full Bath
#76425, Listing Office: Juniata Realty
Is Hopewell Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Hopewell Township has remained a Seller's Market.
Key Takeaway
Hopewell Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hopewell Township, PA
How much do homes in Hopewell Township, PA cost?
Median Sold Price
$184,900
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$5,100(-2.7%)
Key Takeaway
Homes in Hopewell Township have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Hopewell Township was $184,900 in December 2024, down 2.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $158K | $160K | +1.3% |
| 3 Bedrooms | $210.5K | $195K | -7.4% |
| 4 Bedrooms | $303.7K | $337.2K | +11.0% |
| 5+ Bedrooms | $415.1K | $165K | -60.3% |
Summary: Hopewell Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 60.3%.
Housing Supply in Hopewell Township, PA
How many homes are available in Hopewell Township, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 62 | 61 | -1.6% |
Summary: The Hopewell Township real estate market had 61 homes for sale in December 2024, a 1.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hopewell Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hopewell Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Hopewell Township in December 2024, up by 75.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.
Days on Market for Hopewell Township, PA
How long does it take to sell a home in Hopewell Township, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 30 Days | 59 Days | +94.0% |
Summary: Homes in Hopewell Township had an average of 59 days on market in Dec 2024, up by 94% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hopewell Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 14 homes were sold in Hopewell Township; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.