$6,531 Closing Credit*
$550,000
2,860 SqFt
4 Beds
•2 Full Baths, 1 Partial
Stephanie A Vega, Listing Office: Coldwell Banker Realty
Is Hummelstown, 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, Hummelstown has remained a Seller's Market.
Key Takeaway
Hummelstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hummelstown, PA
How much do homes in Hummelstown, PA cost?
Median Sold Price
$348,047
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,852(-0.5%)
Key Takeaway
Homes in Hummelstown have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in Hummelstown was $348,047 in November 2024, down 0.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $182.4K | N/A |
| 2 Bedrooms | $278K | $295K | +6.1% |
| 3 Bedrooms | $315K | $325K | +3.2% |
| 4 Bedrooms | $457.5K | $478.5K | +4.6% |
| 5+ Bedrooms | $772.5K | $747K | -3.3% |
Summary: Hummelstown 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 6.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
| South Hanover Township | $338.3K | $377.5K | +11.6% |
| Hummelstown | $349.9K | $348K | -0.5% |
| Derry Township | $342.5K | $335.4K | -2.0% |
Housing Supply in Hummelstown, PA
How many homes are available in Hummelstown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 71 | -15.5% |
Summary: The Hummelstown real estate market had 71 homes for sale in November 2024, a 15.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 43 | 32 | -25.6% |
| 4 Bedrooms | 21 | 22 | +4.8% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Hummelstown 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 20%, 3 bedroom homes decreased by 25.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hummelstown, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Hummelstown in November 2024, up by 10.5% month-over-month. Of the 21 sold homes, 52% were sold under asking, 14% were sold at asking, and 33% were sold over asking.
Days on Market for Hummelstown, PA
How long does it take to sell a home in Hummelstown, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 21 Days | -33.9% |
Summary: Homes in Hummelstown had an average of 21 days on market in Nov 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hummelstown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in Hummelstown; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
