Is Spring Garden Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$270,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Spring Garden Township have sold for 8% more than they did a year ago.
Summary: The median home sold price in Spring Garden Township was $270,000 in April 2024, up 8% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $200K | +14.3% |
| 3 Bedrooms | $245.2K | $260K | +6.0% |
| 4 Bedrooms | $305K | $344.5K | +13.0% |
| 5+ Bedrooms | $512.5K | $470K | -8.3% |
Summary: Spring Garden Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Cities
| York | $203.7K | $235K | +15.4% |
| West Manchester Township | $230K | $250.2K | +8.8% |
| Spring Garden Township | $250K | $270K | +8.0% |
| Springettsbury Township | $250K | $265.7K | +6.3% |
| North York | $159.9K | $157.2K | -1.7% |
Housing Supply in Spring Garden Township, PA
How many homes are available in Spring Garden Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 42 | +2.4% |
Summary: The Spring Garden Township real estate market had 42 homes for sale in April 2024, a 2.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Spring Garden Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 10 | -41.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Garden Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Spring Garden Township in April 2024, down by 41.2% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 10 Days | -52.3% |
Summary: Homes in Spring Garden Township had an average of 10 days on market in Apr 2024, down by 52.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Garden Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Spring Garden Township; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
