Is Spring Garden Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Garden Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Spring Garden Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Spring Garden Township, PA

How much do homes in Spring Garden Township, PA cost?

Median Sold Price

$265,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,000(-3.6%)

Key Takeaway

Homes in Spring Garden Township have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Spring Garden Township was $265,000 in November 2024, down 3.6% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $200K$215K
+7.5%
3 $260K$260K
0.0%
4 $330K$325K
-1.5%
5+ $472.5K$600K
+27.0%

Summary: Spring Garden 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 7.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 27%.

Median Sold Price Compared To Nearby Cities

North York
+5.8%
West Manchester Township
+4.2%
York
+1.9%
Springettsbury Township
-0.6%
Spring Garden Township
-3.6%

Housing Supply in Spring Garden Township, PA

How many homes are available in Spring Garden Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6160-1.6%

Summary: The Spring Garden Township real estate market had 60 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 811
+37.5%
3 2831
+10.7%
4 1611
-31.3%
5+ 86
-25.0%

Summary: The Spring Garden 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 37.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15150.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spring Garden Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Spring Garden Township in November 2024, the same as the previous month. Of the 15 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Spring Garden Township, PA

How long does it take to sell a home in Spring Garden Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days29 Days-18.9%

Summary: Homes in Spring Garden Township had an average of 29 days on market in Nov 2024, down by 18.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Spring Garden Township; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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 21 Days Ago

Newest Listings in Spring Garden Township, PA

Nearby Markets to Spring Garden Township, PA

What housing markets are near Spring Garden Township, PA?