$2,255 Closing Credit*
$189,900
1,242 SqFt
2 Beds
•1 Full Bath
Michael F Klonis, Listing Office: Century 21 Gold
Is Shillington, 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, Shillington has remained a Seller's Market.
Key Takeaway
Shillington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shillington, PA
How much do homes in Shillington, PA cost?
Median Sold Price
$245,130
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,230(+7.6%)
Key Takeaway
Homes in Shillington have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Shillington was $245,130 in November 2024, up 7.6% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $199.9K | -0.1% |
| 3 Bedrooms | $222.5K | $260.7K | +17.2% |
| 4 Bedrooms | $234.5K | $296K | +26.2% |
| 5+ Bedrooms | $352.5K | $205K | -41.8% |
Summary: Shillington 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 decreased by 0.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes decreased by 41.8%.
Median Sold Price Compared To Nearby Cities
| Wyomissing | $320K | $384.5K | +20.2% |
| Shillington | $227.9K | $245.1K | +7.6% |
| Cumru Township | $262K | $270K | +3.1% |
Housing Supply in Shillington, PA
How many homes are available in Shillington, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Summary: The Shillington real estate market had 16 homes for sale in November 2024, a 20.0% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Shillington 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 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shillington, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Shillington in November 2024, the same as the previous month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Shillington, PA
How long does it take to sell a home in Shillington, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 18 Days | -45.5% |
Summary: Homes in Shillington had an average of 18 days on market in Nov 2024, down by 45.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shillington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Shillington; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
