$5,818 Closing Credit*
$489,900
3,264 SqFt
3 Beds
•3 Full Baths
Bradley D. Snouffer, Listing Office: American Eagle Realty
Is Hummelstown, 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, 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
$349,450
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,450(+2.8%)
Key Takeaway
Homes in Hummelstown have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Hummelstown was $349,450 in October 2024, up 2.8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $180K | N/A |
| 2 Bedrooms | $272.5K | $295K | +8.3% |
| 3 Bedrooms | $316K | $325K | +2.8% |
| 4 Bedrooms | $452K | $499K | +10.4% |
| 5+ Bedrooms | $760K | $765K | +0.7% |
Summary: Hummelstown 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 8.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Cities
| South Hanover Township | $330K | $407.5K | +23.5% |
| Hummelstown | $340K | $349.4K | +2.8% |
| Derry Township | $349.9K | $335.3K | -4.2% |
Housing Supply in Hummelstown, PA
How many homes are available in Hummelstown, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 77 | -4.9% |
Summary: The Hummelstown real estate market had 77 homes for sale in October 2024, a 4.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 38 | 39 | +2.6% |
| 4 Bedrooms | 23 | 17 | -26.1% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Hummelstown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Asking Price vs. Sold Price
7 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. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Hummelstown in October 2024, down by 39.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 14 Days | +110.0% |
Summary: Homes in Hummelstown had an average of 14 days on market in Oct 2024, up by 110% compared to last year.
Breakdown of Home Sale Times
14 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 Hummelstown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Hummelstown; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
