Is Lower Heidelberg Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower Heidelberg Township is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Lower Heidelberg Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lower Heidelberg Township, PA

How much do homes in Lower Heidelberg Township, PA cost?

Median Sold Price

$526,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$16,750(-3.1%)

Key Takeaway

Homes in Lower Heidelberg Township have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Lower Heidelberg Township was $526,000 in December 2024, down 3.1% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $359.9K$350K
-2.8%
3 $279K$350K
+25.4%
4 $560K$542.9K
-3.0%
5+ $575.7K$642.5K
+11.6%

Summary: Lower Heidelberg Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 25.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 11.6%.

Median Sold Price Compared To Nearby Cities

Heidelberg Township
+17.9%
Spring Township
+7.8%
Wernersville
+6.6%
Lower Heidelberg Township
-3.1%

Housing Supply in Lower Heidelberg Township, PA

How many homes are available in Lower Heidelberg Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1511-26.7%

Summary: The Lower Heidelberg Township real estate market had 11 homes for sale in December 2024, a 26.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 76
-14.3%
5+ 31
-66.7%

Summary: The Lower Heidelberg Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lower Heidelberg Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Lower Heidelberg Township in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Lower Heidelberg Township, PA

How long does it take to sell a home in Lower Heidelberg Township, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days27 Days-40.1%

Summary: Homes in Lower Heidelberg Township had an average of 27 days on market in Dec 2024, down by 40.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 6 homes were sold in Lower Heidelberg Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

Newest Listings in Lower Heidelberg Township, PA

Nearby Markets to Lower Heidelberg Township, PA

What housing markets are near Lower Heidelberg Township, PA?