$2,731 Closing Credit*
$230,000
1,770 SqFt
3 Beds
•1 Full Bath, 1 Partial
Linda Strain, Listing Office: RE/MAX Of Reading
Is Lower Alsace Township, 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, Lower Alsace Township has remained a Seller's Market.
Key Takeaway
Lower Alsace Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lower Alsace Township, PA
How much do homes in Lower Alsace Township, PA cost?
Median Sold Price
$250,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,000(+2.9%)
Key Takeaway
Homes in Lower Alsace Township have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Lower Alsace Township was $250,000 in November 2024, up 2.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | - | N/A |
| 2 Bedrooms | $154.8K | $171K | +10.4% |
| 3 Bedrooms | $237.5K | $239.9K | +1.0% |
| 4 Bedrooms | $289.9K | $278.7K | -3.8% |
| 5+ Bedrooms | $270.7K | $374K | +38.1% |
Summary: Lower Alsace Township 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 10.4%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 38.1%.
Median Sold Price Compared To Nearby Cities
| Mount Penn | $185K | $205K | +10.8% |
| Reading | $226.2K | $249.5K | +10.3% |
| Lower Alsace Township | $243K | $250K | +2.9% |
| Exeter Township | $307.3K | $311.8K | +1.5% |
Housing Supply in Lower Alsace Township, PA
How many homes are available in Lower Alsace Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Summary: The Lower Alsace Township real estate market had 15 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lower Alsace Township 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 increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Alsace Township, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Lower Alsace Township in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Lower Alsace Township, PA
How long does it take to sell a home in Lower Alsace Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 21 Days | +75.0% |
Summary: Homes in Lower Alsace Township had an average of 21 days on market in Nov 2024, up by 75% compared to last year.
Breakdown of Home Sale Times
3 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 Lower Alsace Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Lower Alsace Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
