$4,144 Closing Credit*
$349,000
1,680 SqFt
3 Beds
•1 Full Bath, 2 Partial
Andy Esbenshade, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Millersville, 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, Millersville has remained a Seller's Market.
Key Takeaway
Millersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millersville, PA
How much do homes in Millersville, PA cost?
Median Sold Price
$324,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,000(+8.7%)
Key Takeaway
Homes in Millersville have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Millersville was $324,000 in October 2024, up 8.7% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $166.7K | +11.2% |
| 2 Bedrooms | $245K | $312K | +27.3% |
| 3 Bedrooms | $280K | $311K | +11.1% |
| 4 Bedrooms | $375K | $387.5K | +3.3% |
| 5+ Bedrooms | $365K | $455K | +24.7% |
Summary: Millersville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 24.7%.
Median Sold Price Compared To Nearby Cities
| Manor Township | $296.7K | $330K | +11.2% |
| Millersville | $298K | $324K | +8.7% |
| Lancaster Township | $298.2K | $315.4K | +5.8% |
| Pequea Township | $348.5K | $332.7K | -4.5% |
Housing Supply in Millersville, PA
How many homes are available in Millersville, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The Millersville real estate market had 26 homes for sale in October 2024, a 8.3% 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 | 3 | 6 | +100.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Millersville 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 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Millersville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Millersville in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Millersville, PA
How long does it take to sell a home in Millersville, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 16 Days | +37.4% |
Summary: Homes in Millersville had an average of 16 days on market in Oct 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millersville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Millersville; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
