$3,266 Closing Credit*
$275,000
1,813 SqFt
4 Beds
•1 Full Bath, 1 Partial
Curvin Horning, Listing Office: Kingsway Realty - Ephrata
Is Millcreek Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Millcreek Township has remained a Seller's Market.
Key Takeaway
Millcreek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millcreek Township, PA
How much do homes in Millcreek Township, PA cost?
Median Sold Price
$300,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,750(+14.4%)
Key Takeaway
Homes in Millcreek Township have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Millcreek Township was $300,000 in October 2024, up 14.4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $99.9K | N/A |
| 2 Bedrooms | $129K | - | N/A |
| 3 Bedrooms | $275K | $280K | +1.8% |
| 4 Bedrooms | $323K | $340K | +5.2% |
| 5+ Bedrooms | - | $315.5K | N/A |
Summary: Millcreek 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 did not change, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Millcreek Township | $262.2K | $300K | +14.4% |
| Newmanstown | $265K | $302.5K | +14.2% |
| Marion Township | $320.5K | $345K | +7.6% |
Housing Supply in Millcreek Township, PA
How many homes are available in Millcreek Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Millcreek Township real estate market had 14 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Millcreek 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 increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millcreek Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Millcreek Township in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Millcreek Township, PA
How long does it take to sell a home in Millcreek Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 9 Days | -68.0% |
Summary: Homes in Millcreek Township had an average of 9 days on market in Oct 2024, down by 68% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millcreek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Millcreek Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
