$3,276 Closing Credit*
$275,900
1,853 SqFt
3 Beds
•2 Full Baths, 1 Partial
Michelle Dukes, Listing Office: Iron Valley Real Estate of Central PA
Is South Middleton Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Middleton Township has remained a Seller's Market.
Key Takeaway
South Middleton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Middleton Township, PA
How much do homes in South Middleton Township, PA cost?
Median Sold Price
$285,500
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$69,000(-19.5%)
Key Takeaway
Homes in South Middleton Township have sold for 19.5% less than they did a year ago.
Summary: The median home sold price in South Middleton Township was $285,500 in October 2024, down 19.5% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $148.3K | N/A |
| 2 Bedrooms | $205K | $220K | +7.3% |
| 3 Bedrooms | $312.5K | $283.4K | -9.3% |
| 4 Bedrooms | $458.5K | $430K | -6.2% |
| 5+ Bedrooms | $394.5K | $622.5K | +57.8% |
Summary: South Middleton Township 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 increased by 7.3%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 57.8%.
Median Sold Price Compared To Nearby Cities
| Mount Holly Springs | $270K | $259.9K | -3.7% |
| Carlisle | $300K | $279.9K | -6.7% |
| Monroe Township | $400K | $370K | -7.5% |
| Boiling Springs | $420.7K | $361K | -14.2% |
| South Middleton Township | $354.5K | $285.5K | -19.5% |
Housing Supply in South Middleton Township, PA
How many homes are available in South Middleton Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 62 | +17.0% |
Summary: The South Middleton Township real estate market had 62 homes for sale in October 2024, a 17.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 11 | +83.3% |
| 3 Bedrooms | 27 | 27 | 0.0% |
| 4 Bedrooms | 15 | 20 | +33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The South Middleton Township 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 increased by 83.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 20 | +66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Middleton Township, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in South Middleton Township in October 2024, up by 66.7% month-over-month. Of the 20 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for South Middleton Township, PA
How long does it take to sell a home in South Middleton Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 20 Days | +5.8% |
Summary: Homes in South Middleton Township had an average of 20 days on market in Oct 2024, up by 5.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Middleton Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in South Middleton Township; 85% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
