$2,316 Closing Credit*
$195,000
1,214 SqFt
3 Beds
•1 Full Bath
DAVID HOOKE, Listing Office: Keller Williams of Central PA
Is Shermans Dale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Shermans Dale was a Seller's Market.
Key Takeaway
Shermans Dale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shermans Dale, PA
How much do homes in Shermans Dale, PA cost?
Median Sold Price
$290,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$8,400(-2.8%)
Key Takeaway
Homes in Shermans Dale have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Shermans Dale was $290,500 in December 2024, down 2.8% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201.1K | $310K | +54.1% |
| 3 Bedrooms | $320.5K | $279K | -12.9% |
| 4 Bedrooms | $298.9K | $355K | +18.8% |
| 5+ Bedrooms | $375K | $472.5K | +26.0% |
Summary: Shermans Dale housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.1%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 26%.
Housing Supply in Shermans Dale, PA
How many homes are available in Shermans Dale, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Shermans Dale real estate market had 7 homes for sale in December 2024, a 16.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shermans Dale housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shermans Dale, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Shermans Dale in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Shermans Dale, PA
How long does it take to sell a home in Shermans Dale, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 39 Days | 3 Days | -92.4% |
Summary: Homes in Shermans Dale had an average of 3 days on market in Dec 2024, down by 92.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shermans Dale are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Shermans Dale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
