$3,561 Closing Credit*
$299,900
1,868 SqFt
3 Beds
•2 Full Baths
MOLLY SNYDER, Listing Office: Coldwell Banker Realty
Is Palmyra Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Palmyra Township has remained a Seller's Market.
Key Takeaway
Palmyra Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Palmyra Township, PA
How much do homes in Palmyra Township, PA cost?
Median Sold Price
$310,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,450(-5.3%)
Key Takeaway
Homes in Palmyra Township have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in Palmyra Township was $310,000 in November 2024, down 5.3% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215.5K | $235K | +9.0% |
| 3 Bedrooms | $285K | $297.5K | +4.4% |
| 4 Bedrooms | $391.5K | $408.5K | +4.3% |
| 5+ Bedrooms | $450K | $557.5K | +23.9% |
Summary: Palmyra 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 increased by 9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 23.9%.
Median Sold Price Compared To Nearby Cities
| Palmyra Township | $324.5K | $310K | -4.5% |
| Palmyra Township | $327.4K | $310K | -5.3% |
Housing Supply in Palmyra Township, PA
How many homes are available in Palmyra Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 65 | -16.7% |
Summary: The Palmyra Township real estate market had 65 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 42 | 34 | -19.0% |
| 4 Bedrooms | 24 | 21 | -12.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Palmyra 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 decreased by 11.1%, 3 bedroom homes decreased by 19%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Palmyra Township, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Palmyra Township in November 2024, the same as the previous month. Of the 26 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.
Days on Market for Palmyra Township, PA
How long does it take to sell a home in Palmyra Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 22 Days | +69.0% |
Summary: Homes in Palmyra Township had an average of 22 days on market in Nov 2024, up by 69% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Palmyra Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in Palmyra Township; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
