$4,393 Closing Credit*
$369,900
1,428 SqFt
3 Beds
•2 Full Baths
Cole Timmons, Listing Office: Realty One Group Golden Key
Is Newville, 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, Newville has remained a Seller's Market.
Key Takeaway
Newville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newville, PA
How much do homes in Newville, PA cost?
Median Sold Price
$263,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+3.1%)
Key Takeaway
Homes in Newville have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Newville was $263,000 in November 2024, up 3.1% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | $255K | +44.9% |
| 2 Bedrooms | $214.9K | $190K | -11.6% |
| 3 Bedrooms | $265K | $255K | -3.8% |
| 4 Bedrooms | $279.9K | $291.5K | +4.1% |
| 5+ Bedrooms | $240K | $465K | +93.8% |
Summary: Newville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.9%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 93.8%.
Median Sold Price Compared To Nearby Cities
| Newville | $255K | $263K | +3.1% |
| West Pennsboro Township | $320K | $285.5K | -10.8% |
Housing Supply in Newville, PA
How many homes are available in Newville, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Summary: The Newville real estate market had 23 homes for sale in November 2024, a 17.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Newville 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 26.7%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Newville in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Newville, PA
How long does it take to sell a home in Newville, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 9 Days | -63.9% |
Summary: Homes in Newville had an average of 9 days on market in Nov 2024, down by 63.9% compared to last year.
Breakdown of Home Sale Times
6 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 Newville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Newville; 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.
