Is London Britain Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing London Britain Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, London Britain Township was a Buyer's Market.

Key Takeaway

London Britain Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in London Britain Township, PA

How much do homes in London Britain Township, PA cost?

Median Sold Price

$652,500

$198/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$177,500(+37.4%)

Key Takeaway

Homes in London Britain Township have sold for 37.4% more than they did a month ago.

Summary: The median home sold price in London Britain Township was $652,500 in October 2024, up 37.4% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$140K
N/A
3 --
N/A
4 $475K$652.5K
+37.4%
5+ -$1.1M
N/A

Summary: London Britain Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 37.4%, and 5+ bedroom homes did not change.

Housing Supply in London Britain Township, PA

How many homes are available in London Britain Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
910+11.1%

Summary: The London Britain Township real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 02
+100.0%
4 66
0.0%
5+ 21
-50.0%

Summary: The London Britain 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in London Britain Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in London Britain Township in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for London Britain Township, PA

How long does it take to sell a home in London Britain Township, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days11 Days+67.9%

Summary: Homes in London Britain Township had an average of 11 days on market in Oct 2024, up by 67.9% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in London Britain Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in London Britain Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in London Britain Township, PA

Nearby Markets to London Britain Township, PA

What housing markets are near London Britain Township, PA?