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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Manheim Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, North Manheim Township has remained a Seller's Market.

Key Takeaway

North Manheim Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Manheim Township, PA

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

Median Sold Price

$342,450

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$101,950(+42.4%)

Key Takeaway

Homes in North Manheim Township have sold for 42.4% more than they did a month ago.

Summary: The median home sold price in North Manheim Township was $342,450 in November 2024, up 42.4% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $336K$365K
+8.6%
3 $240.5K-
N/A
4 $231K-
N/A
5+ -$319.9K
N/A

Summary: North Manheim Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Manheim Township
+42.4%
Cressona
-16.1%

Housing Supply in North Manheim Township, PA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1110-9.1%

Summary: The North Manheim Township real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 22
0.0%
5+ 43
-25.0%

Summary: The North Manheim 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 decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Manheim Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Manheim Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for North Manheim Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
13 Days11 Days-14.8%

Summary: Homes in North Manheim Township had an average of 11 days on market in Nov 2024, down by 14.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Manheim Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in North Manheim 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 20 Days Ago

Newest Listings in North Manheim Township, PA

Nearby Markets to North Manheim Township, PA

What housing markets are near North Manheim Township, PA?