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 Last Month

Last month, North Hopewell Township was a Seller'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

$397,000

$127/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$22,000(+5.9%)

Key Takeaway

Homes in North Hopewell Township have sold for 5.9% more than they did a month ago.

Summary: The median home sold price in North Hopewell Township was $397,000 in October 2024, up 5.9% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $375K$397K
+5.9%
5+ --
N/A

Summary: North Hopewell Township housing prices by bedroom type for October 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 did not change, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Hopewell Township
+5.9%
Felton
-44.0%

Housing Supply in North Hopewell Township, PA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
47+75.0%

Summary: The North Hopewell Township real estate market had 7 homes for sale in October 2024, a 75.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 23
+50.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The North Hopewell Township 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Hopewell Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Sep 2024Oct 2024CHANGE
9 Days88 Days+877.8%

Summary: Homes in North Hopewell Township had an average of 88 days on market in Oct 2024, up by 877.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 North Hopewell Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in North Hopewell Township; 0% of homes were sold within 30 days, 100% 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 20 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?