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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruscombmanor Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Ruscombmanor Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Ruscombmanor Township, PA

How much do homes in Ruscombmanor Township, PA cost?

Median Sold Price

$382,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,500(-1.9%)

Key Takeaway

Homes in Ruscombmanor Township have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Ruscombmanor Township was $382,500 in October 2024, down 1.9% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $267.5K$161K
-39.8%
2 $316.5K$337K
+6.5%
3 $292.5K$367.5K
+25.6%
4 $440K$395K
-10.2%
5+ $571K$633K
+10.9%

Summary: Ruscombmanor Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.8%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 25.6%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 10.9%.

Median Sold Price Compared To Nearby Cities

Fleetwood
+11.8%
Blandon
+5.4%
Maidencreek Township
-1.5%
Ruscombmanor Township
-1.9%

Housing Supply in Ruscombmanor Township, PA

How many homes are available in Ruscombmanor Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Ruscombmanor Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 44
0.0%
5+ 22
0.0%

Summary: The Ruscombmanor 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruscombmanor Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ruscombmanor Township in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Ruscombmanor Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days50 Days+1577.8%

Summary: Homes in Ruscombmanor Township had an average of 50 days on market in Oct 2024, up by 1577.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Ruscombmanor Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

Newest Listings in Ruscombmanor Township, PA

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