Is Shiremanstown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shiremanstown is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Shiremanstown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Shiremanstown, PA

How much do homes in Shiremanstown, PA cost?

Median Sold Price

$231,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,500(-3.5%)

Key Takeaway

Homes in Shiremanstown have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in Shiremanstown was $231,000 in October 2024, down 3.5% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $233.6K$174.5K
-25.3%
3 $239K$233.4K
-2.3%
4 $295K$207.5K
-29.7%
5+ -$325K
N/A

Summary: Shiremanstown 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 25.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 29.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lower Allen Township
+7.7%
Hampden Township
+4.4%
Shiremanstown
-3.5%

Housing Supply in Shiremanstown, PA

How many homes are available in Shiremanstown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
46+50.0%

Summary: The Shiremanstown real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 02
+100.0%
4 11
0.0%
5+ 22
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shiremanstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Shiremanstown in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Shiremanstown, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days24 Days+113.0%

Summary: Homes in Shiremanstown had an average of 24 days on market in Oct 2024, up by 113% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Shiremanstown; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 14 Days Ago

Newest Listings in Shiremanstown, PA

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What housing markets are near Shiremanstown, PA?