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 neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mc Sherrystown was a Seller's Market.

Key Takeaway

Mc Sherrystown 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 Mc Sherrystown, PA

How much do homes in Mc Sherrystown, PA cost?

Median Sold Price

$227,000

$163/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Mc Sherrystown has remained the same since last year.

Summary: The median home sold price in Mc Sherrystown was $227,000 in October 2024, the same as last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $172.5K$235K
+36.2%
3 $227K$227K
0.0%
4 $239.5K$213.5K
-10.9%
5+ $252.3K$268K
+6.2%

Summary: Mc Sherrystown 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 36.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Cities

Conewago Township
+17.0%
McSherrystown
+2.8%
Mc Sherrystown
0.0%

Housing Supply in Mc Sherrystown, PA

How many homes are available in Mc Sherrystown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
912+33.3%

Summary: The Mc Sherrystown real estate market had 12 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 56
+20.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Mc Sherrystown 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 increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 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. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Mc Sherrystown in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
8 Days21 Days+160.6%

Summary: Homes in Mc Sherrystown had an average of 21 days on market in Oct 2024, up by 160.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was 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 October 2024, 2 homes were sold in Mc Sherrystown; 50% of homes were sold within 30 days, 50% 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 4 Days Ago

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