$5,699 Closing Credit*
$479,900
3,512 SqFt
4 Beds
•2 Full Baths, 1 Partial
Adam W Flinchbaugh, Listing Office: RE/MAX Patriots
Is Seven Valleys, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Seven Valleys has remained a Seller's Market.
Key Takeaway
Seven Valleys is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seven Valleys, PA
How much do homes in Seven Valleys, PA cost?
Median Sold Price
$305,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$60,000(-16.4%)
Key Takeaway
Homes in Seven Valleys have sold for 16.4% less than they did a year ago.
Summary: The median home sold price in Seven Valleys was $305,000 in October 2024, down 16.4% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $219.5K | $192.5K | -12.3% |
| 3 Bedrooms | $302.5K | $265.9K | -12.1% |
| 4 Bedrooms | $424K | $388K | -8.5% |
| 5+ Bedrooms | $400K | $358.2K | -10.4% |
Summary: Seven Valleys 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 decreased by 12.3%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 10.4%.
Median Sold Price Compared To Nearby Cities
| Springfield Township | $430K | $442.1K | +2.8% |
| North Codorus Township | $295K | $286K | -3.1% |
| Seven Valleys | $365K | $305K | -16.4% |
Housing Supply in Seven Valleys, PA
How many homes are available in Seven Valleys, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Seven Valleys real estate market had 26 homes for sale in October 2024, a 13.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Seven Valleys 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 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seven Valleys, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Seven Valleys in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Seven Valleys, PA
How long does it take to sell a home in Seven Valleys, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 29 Days | -27.5% |
Summary: Homes in Seven Valleys had an average of 29 days on market in Oct 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Seven Valleys are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Seven Valleys; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
