$4,559 Closing Credit*
$383,900
1,616 SqFt
3 Beds
•2 Full Baths
Austin Chad Waechter, Listing Office: Joseph A Myers Real Estate, Inc.
Is Hopewell Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hopewell Township was a Seller's Market.
Key Takeaway
Hopewell Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hopewell Township, PA
How much do homes in Hopewell Township, PA cost?
Median Sold Price
$352,500
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,500(-3.7%)
Key Takeaway
Homes in Hopewell Township have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in Hopewell Township was $352,500 in October 2024, down 3.7% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $215K | -15.7% |
| 3 Bedrooms | $365K | $341.8K | -6.4% |
| 4 Bedrooms | $375K | $404.9K | +8.0% |
| 5+ Bedrooms | $570K | $418.5K | -26.6% |
Summary: Hopewell 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 decreased by 15.7%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 26.6%.
Median Sold Price Compared To Nearby Cities
| Shrewsbury Township | $330K | $345K | +4.5% |
| Stewartstown | $359.9K | $365K | +1.4% |
| Hopewell Township | $366K | $352.5K | -3.7% |
Housing Supply in Hopewell Township, PA
How many homes are available in Hopewell Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Hopewell Township real estate market had 26 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hopewell 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hopewell Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Hopewell Township in October 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 32 Days | -49.8% |
Summary: Homes in Hopewell Township had an average of 32 days on market in Oct 2024, down by 49.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 4 homes were sold in Hopewell Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
