$4,691 Closing Credit*
$395,000
2,100 SqFt
3 Beds
•2 Full Baths, 1 Partial
David E Monsour, Listing Office: Keller Williams Keystone Realty
Is Menallen Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Menallen Township has remained a Seller's Market.
Key Takeaway
Menallen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Menallen Township, PA
How much do homes in Menallen Township, PA cost?
Median Sold Price
$335,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,750(+6.9%)
Key Takeaway
Homes in Menallen Township have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Menallen Township was $335,000 in November 2024, up 6.9% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $180K | N/A |
| 2 Bedrooms | $267.5K | $241K | -9.9% |
| 3 Bedrooms | $300K | $289.9K | -3.4% |
| 4 Bedrooms | $395K | $340K | -13.9% |
| 5+ Bedrooms | $237.5K | $419.9K | +76.8% |
Summary: Menallen Township 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 decreased by 9.9%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 76.8%.
Median Sold Price Compared To Nearby Cities
| Menallen Township | $313.2K | $335K | +6.9% |
| Butler Township | $218.9K | $229.1K | +4.7% |
Housing Supply in Menallen Township, PA
How many homes are available in Menallen Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Summary: The Menallen Township real estate market had 6 homes for sale in November 2024, a 50.0% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 3 | -57.1% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Menallen 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 57.1%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Menallen Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Menallen Township in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Menallen Township, PA
How long does it take to sell a home in Menallen Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 47 Days | -0.7% |
Summary: Homes in Menallen Township had an average of 47 days on market in Nov 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Menallen Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Menallen Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
