Is Mc Sherrystown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Sherrystown is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mc Sherrystown was a Neutral Market.

Key Takeaway

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

Housing Prices in Mc Sherrystown, PA

How much do homes in Mc Sherrystown, PA cost?

Median Sold Price

$220,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,450(-3.7%)

Key Takeaway

Homes in Mc Sherrystown have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Mc Sherrystown was $220,000 in November 2024, down 3.7% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $172.5K$235K
+36.2%
3 $235.7K$223.5K
-5.2%
4 $229.9K$212K
-7.8%
5+ $252.3K$268K
+6.2%

Summary: Mc Sherrystown 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 36.2%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Cities

Conewago Township
+17.0%
McSherrystown
0.2%
Mc Sherrystown
-3.7%

Housing Supply in Mc Sherrystown, PA

How many homes are available in Mc Sherrystown, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1112+9.1%

Summary: The Mc Sherrystown real estate market had 12 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Mc Sherrystown 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was 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 Mc Sherrystown, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Mc Sherrystown in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Mc Sherrystown, PA

How long does it take to sell a home in Mc Sherrystown, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
6 Days19 Days+226.7%

Summary: Homes in Mc Sherrystown had an average of 19 days on market in Nov 2024, up by 226.7% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Mc Sherrystown; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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