Is North Hopewell Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Hopewell Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Hopewell Township was a Buyer's Market.

Key Takeaway

North Hopewell Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in North Hopewell Township, PA

How much do homes in North Hopewell Township, PA cost?

Median Sold Price

$381,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,750(+11.3%)

Key Takeaway

Homes in North Hopewell Township have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in North Hopewell Township was $381,000 in November 2024, up 11.3% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $275K$128.4K
-53.3%
3 $330.7K$390K
+17.9%
4 $393.5K$375K
-4.7%
5+ $696K-
N/A

Summary: North Hopewell Township 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 decreased by 53.3%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Hopewell Township
+11.3%
Felton
+3.0%
York Township
0.3%

Housing Supply in North Hopewell Township, PA

How many homes are available in North Hopewell Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
67+16.7%

Summary: The North Hopewell Township real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The North Hopewell Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Hopewell Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in North Hopewell Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for North Hopewell Township, PA

How long does it take to sell a home in North Hopewell Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days11 Days-21.4%

Summary: Homes in North Hopewell Township had an average of 11 days on market in Nov 2024, down by 21.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Hopewell Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in North Hopewell 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in North Hopewell Township, PA

Nearby Markets to North Hopewell Township, PA

What housing markets are near North Hopewell Township, PA?