$6,294 Closing Credit*
$530,000
2,086 SqFt
3 Beds
•2 Full Baths
Calvin Yoder, Listing Office: Keller Williams Elite
Is Manheim Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Manheim Township has remained a Seller's Market.
Key Takeaway
Manheim Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manheim Township, PA
How much do homes in Manheim Township, PA cost?
Median Sold Price
$300,000
$151/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$12,000(-3.8%)
Key Takeaway
Homes in Manheim Township have sold for 3.8% less than they did a month ago.
Summary: The median home sold price in Manheim Township was $300,000 in November 2024, down 3.8% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $276K | -8.0% |
| 3 Bedrooms | $302.5K | $282.5K | -6.6% |
| 4 Bedrooms | $453.2K | $459.5K | +1.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Manheim 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 decreased by 8%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes did not change.
Housing Supply in Manheim Township, PA
How many homes are available in Manheim Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Summary: The Manheim Township real estate market had 37 homes for sale in November 2024, a 5.1% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 21 | 17 | -19.0% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Manheim 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 33.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manheim Township, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Manheim Township in November 2024, down by 15.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for Manheim Township, PA
How long does it take to sell a home in Manheim Township, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 24 Days | -4.4% |
Summary: Homes in Manheim Township had an average of 24 days on market in Nov 2024, down by 4.4% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Manheim Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Manheim Township; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
