$3,027 Closing Credit*
$254,900
1,207 SqFt
2 Beds
•2 Full Baths
Jessica Kline, Listing Office: Iron Valley Real Estate of Berks
Is South Manheim 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 Manheim Township has remained a Seller's Market.
Key Takeaway
South Manheim Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Manheim Township, PA
How much do homes in South Manheim Township, PA cost?
Median Sold Price
$351,750
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,000(+24.8%)
Key Takeaway
Homes in South Manheim Township have sold for 24.8% more than they did a year ago.
Summary: The median home sold price in South Manheim Township was $351,750 in November 2024, up 24.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252K | - | N/A |
| 3 Bedrooms | $266K | $335K | +25.9% |
| 4 Bedrooms | $525K | $389.9K | -25.7% |
| 5+ Bedrooms | $440.8K | $449K | +1.8% |
Summary: South Manheim 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 did not change, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| South Manheim Township | $281.7K | $351.7K | +24.8% |
| Schuylkill Haven | $185K | $213K | +15.1% |
| Auburn | $265K | $301K | +13.6% |
| West Brunswick Township | $223.3K | $245K | +9.7% |
Housing Supply in South Manheim Township, PA
How many homes are available in South Manheim Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The South Manheim Township real estate market had 9 homes for sale in November 2024, a 10.0% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Manheim 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 increased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Manheim Township, 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 South Manheim Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for South Manheim Township, PA
How long does it take to sell a home in South Manheim Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 110 Days | +307.4% |
Summary: Homes in South Manheim Township had an average of 110 days on market in Nov 2024, up by 307.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Manheim Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in South Manheim Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
