$3,384 Closing Credit*
$285,000
1,886 SqFt
2 Beds
•2 Full Baths, 1 Partial
James Orville Spadaccino, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Shippensburg, 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, Shippensburg has remained a Seller's Market.
Key Takeaway
Shippensburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shippensburg, PA
How much do homes in Shippensburg, PA cost?
Median Sold Price
$277,450
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,450(+7.5%)
Key Takeaway
Homes in Shippensburg have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Shippensburg was $277,450 in November 2024, up 7.5% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $184.9K | $206K | +11.4% |
| 3 Bedrooms | $249.9K | $275K | +10.0% |
| 4 Bedrooms | $329.5K | $347.9K | +5.6% |
| 5+ Bedrooms | $309.9K | $419K | +35.2% |
Summary: Shippensburg 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 increased by 11.4%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 35.2%.
Median Sold Price Compared To Nearby Cities
| Southampton Township | $432.2K | $479K | +10.8% |
| Shippensburg | $258K | $277.4K | +7.5% |
| Shippensburg Township | $258K | $277.4K | +7.5% |
| Southampton Township | $420K | $449K | +6.9% |
Housing Supply in Shippensburg, PA
How many homes are available in Shippensburg, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 73 | -3.9% |
Summary: The Shippensburg real estate market had 73 homes for sale in November 2024, a 3.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 15 | +36.4% |
| 3 Bedrooms | 43 | 37 | -14.0% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Shippensburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 36.4%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shippensburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Shippensburg in November 2024, down by 26.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.
Days on Market for Shippensburg, PA
How long does it take to sell a home in Shippensburg, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 31 Days | +65.0% |
Summary: Homes in Shippensburg had an average of 31 days on market in Nov 2024, up by 65% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shippensburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Shippensburg; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
