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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Lower Heidelberg Township was a Seller's Market.

Key Takeaway

Lower Heidelberg Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lower Heidelberg Township, PA

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

Median Sold Price

$472,500

$148/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$60,500(-11.4%)

Key Takeaway

Homes in Lower Heidelberg Township have sold for 11.4% less than they did a month ago.

Summary: The median home sold price in Lower Heidelberg Township was $472,500 in November 2024, down 11.4% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $292K$410K
+40.4%
4 $533K-
N/A
5+ $660K$535K
-18.9%

Summary: Lower Heidelberg Township housing prices by bedroom type for November 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 increased by 40.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 18.9%.

Median Sold Price Compared To Nearby Cities

Heidelberg Township
+92.9%
Lower Heidelberg Township
-11.4%

Housing Supply in Lower Heidelberg Township, PA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1614-12.5%

Summary: The Lower Heidelberg Township real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 54
-20.0%
4 86
-25.0%
5+ 33
0.0%

Summary: The Lower Heidelberg 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lower Heidelberg Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Oct 2024Nov 2024CHANGE
14 Days8 Days-39.3%

Summary: Homes in Lower Heidelberg Township had an average of 8 days on market in Nov 2024, down by 39.3% compared to last month.

Breakdown of Home Sale Times

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

Summary: During November 2024, 2 homes were sold in Lower Heidelberg 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 2 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?