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 October 2023

Since last year, 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

$255,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$82,450(-24.4%)

Key Takeaway

Homes in North Manheim Township have sold for 24.4% less than they did a year ago.

Summary: The median home sold price in North Manheim Township was $255,000 in October 2024, down 24.4% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $159.9K$336K
+110.1%
3 $300K$235K
-21.7%
4 $369.9K$255K
-31.1%
5+ $400K$379.8K
-5.0%

Summary: North Manheim Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 110.1%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 31.1%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Cities

Pottsville
+19.7%
Schuylkill Haven
+12.2%
North Manheim Township
-24.4%

Housing Supply in North Manheim Township, PA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
911+22.2%

Summary: The North Manheim Township real estate market had 11 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 33
0.0%
4 22
0.0%
5+ 34
+33.3%

Summary: The North Manheim 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Manheim Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in North Manheim Township in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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 2023Oct 2024CHANGE
7 Days13 Days+92.9%

Summary: Homes in North Manheim Township had an average of 13 days on market in Oct 2024, up by 92.9% compared to last year.

Breakdown of Home Sale Times

3 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

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

Summary: During October 2024, 4 homes were sold in North Manheim Township; 75% of homes were sold within 30 days, 25% 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?