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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manor Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Manor Township, PA

How much do homes in Manor Township, PA cost?

Median Sold Price

$330,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,200(+11.2%)

Key Takeaway

Homes in Manor Township have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Manor Township was $330,000 in October 2024, up 11.2% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180K$180K
0.0%
2 $249.9K$275K
+10.0%
3 $291K$300K
+3.1%
4 $425K$407K
-4.2%
5+ $599.9K$602.5K
0.4%

Summary: Manor Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Cities

Mountville
+11.9%
Manor Township
+11.2%
Millersville
+8.7%

Housing Supply in Manor Township, PA

How many homes are available in Manor Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5554-1.8%

Summary: The Manor Township real estate market had 54 homes for sale in October 2024, a 1.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2628
+7.7%
4 2421
-12.5%
5+ 12
+100.0%

Summary: The Manor 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 decreased by 25%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1615-6.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manor Township, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Manor Township in October 2024, down by 6.3% month-over-month. Of the 15 sold homes, 20% were sold under asking, 33% were sold at asking, and 47% were sold over asking.

Days on Market for Manor Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days19 Days+62.4%

Summary: Homes in Manor Township had an average of 19 days on market in Oct 2024, up by 62.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 15 homes were sold in Manor Township; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% 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 20 Days Ago

Newest Listings in Manor Township, PA

Nearby Markets to Manor Township, PA

What housing markets are near Manor Township, PA?