Is New Holland, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Holland is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, New Holland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in New Holland, PA

How much do homes in New Holland, PA cost?

Median Sold Price

$350,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,625(-1.9%)

Key Takeaway

Homes in New Holland have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in New Holland was $350,000 in November 2024, down 1.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $180K-
N/A
2 $208K$229K
+10.1%
3 $337.5K$350K
+3.7%
4 $420K$438K
+4.3%
5+ $625K$428.7K
-31.4%

Summary: New Holland 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 10.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 31.4%.

Median Sold Price Compared To Nearby Cities

Earl Township
+6.7%
New Holland
-1.9%

Housing Supply in New Holland, PA

How many homes are available in New Holland, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2921-27.6%

Summary: The New Holland real estate market had 21 homes for sale in November 2024, a 27.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 52
-60.0%
3 1412
-14.3%
4 75
-28.6%
5+ 32
-33.3%

Summary: The New Holland 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 decreased by 60%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Holland, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in New Holland in November 2024, the same as the previous month. Of the 11 sold homes, 9% were sold under asking, 27% were sold at asking, and 64% were sold over asking.

Days on Market for New Holland, PA

How long does it take to sell a home in New Holland, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days29 Days+70.0%

Summary: Homes in New Holland had an average of 29 days on market in Nov 2024, up by 70% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in New Holland has remained consistent over time.

Summary: During November 2024, 11 homes were sold in New Holland; 45% of homes were sold within 30 days, 55% 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 2 Days Ago

Newest Listings in New Holland, PA

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