$10,000 Closing Credit*
$980,000
3,725 SqFt
5 Beds
•3 Full Baths, 1 Partial
Michael I Segarra, Listing Office: Century 21 Core Partners
Is South Hanover Township, 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, South Hanover Township has remained a Seller's Market.
Key Takeaway
South Hanover Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Hanover Township, PA
How much do homes in South Hanover Township, PA cost?
Median Sold Price
$377,500
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,150(+11.6%)
Key Takeaway
Homes in South Hanover Township have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in South Hanover Township was $377,500 in November 2024, up 11.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $232K | $254.3K | +9.6% |
| 3 Bedrooms | $290K | $355K | +22.4% |
| 4 Bedrooms | $542.2K | $499K | -8.0% |
| 5+ Bedrooms | $699K | $591.2K | -15.4% |
Summary: South Hanover Township 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 9.6%, 3 bedroom homes increased by 22.4%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 15.4%.
Median Sold Price Compared To Nearby Cities
| South Hanover Township | $338.3K | $377.5K | +11.6% |
| West Hanover Township | $302K | $315K | +4.3% |
| Lower Paxton Township | $299.9K | $310K | +3.3% |
| Hummelstown | $349.9K | $348K | -0.5% |
| Derry Township | $342.5K | $335.4K | -2.0% |
Housing Supply in South Hanover Township, PA
How many homes are available in South Hanover Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 19 | -24.0% |
Summary: The South Hanover Township real estate market had 19 homes for sale in November 2024, a 24.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The South Hanover Township 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Hanover Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in South Hanover Township in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for South Hanover Township, PA
How long does it take to sell a home in South Hanover Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 44 Days | -14.0% |
Summary: Homes in South Hanover Township had an average of 44 days on market in Nov 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
4 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 South Hanover Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in South Hanover Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
