$593 Closing Credit*
$49,900
3 Beds
•1 Full Bath
Daniel Robison, Listing Office: Hurley Real Estate & Auctions
Is Peters Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Peters Township was a Neutral Market.
Key Takeaway
Peters Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Peters Township, PA
How much do homes in Peters Township, PA cost?
Median Sold Price
$196,500
$178/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$17,000(+9.5%)
Key Takeaway
Homes in Peters Township have sold for 9.5% more than they did a month ago.
Summary: The median home sold price in Peters Township was $196,500 in November 2024, up 9.5% from last month, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.5K | $195K | +8.6% |
| 3 Bedrooms | $160K | $245.7K | +53.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $349.9K | - | N/A |
Summary: Peters 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 increased by 53.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Peters Township | $179.5K | $196.5K | +9.5% |
| Mercersburg | $365K | $308K | -15.6% |
Housing Supply in Peters Township, PA
How many homes are available in Peters Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Summary: The Peters Township real estate market had 24 homes for sale in November 2024, a 33.3% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Peters 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 increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Peters Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Peters Township in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Peters Township, PA
How long does it take to sell a home in Peters Township, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 43 Days | -47.5% |
Summary: Homes in Peters Township had an average of 43 days on market in Nov 2024, down by 47.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Peters Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Peters Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
