$10,000 Closing Credit*
$900,000
1,555 SqFt
3 Beds
•2 Full Baths
Thomas M Stewart, Listing Office: Cavalry Realty LLC
Is Newville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$255,000
$181/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$47,500(-15.7%)
Key Takeaway
Homes in Newville have sold for 15.7% less than they did a month ago.
Summary: The median home sold price in Newville was $255,000 in December 2024, down 15.7% from last month, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | - | N/A |
| 2 Bedrooms | - | $230K | N/A |
| 3 Bedrooms | $192K | $250K | +30.2% |
| 4 Bedrooms | $415K | $506K | +21.9% |
| 5+ Bedrooms | $465K | - | N/A |
Summary: Newville housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Newton Township | $465K | $425.9K | -8.4% |
| Newville | $302.5K | $255K | -15.7% |
Housing Supply in Newville, PA
How many homes are available in Newville, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The Newville real estate market had 17 homes for sale in December 2024, a 26.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Newville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newville, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Newville in December 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% 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 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 Days | 19 Days | +108.2% |
Summary: Homes in Newville had an average of 19 days on market in Dec 2024, up by 108.2% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 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 December 2024, 9 homes were sold in Newville; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
