$4,156 Closing Credit*
$350,000
2,216 SqFt
3 Beds
•2 Full Baths
Lara Villanueva, Listing Office: Kissinger, Bigatel & Brower
Is Spring Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Spring Township was a Buyer's Market.
Key Takeaway
Spring Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spring Township, PA
How much do homes in Spring Township, PA cost?
Median Sold Price
$314,950
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,455(+6.2%)
Key Takeaway
Homes in Spring Township have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Spring Township was $314,950 in November 2024, up 6.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $120K | N/A |
| 2 Bedrooms | $254.5K | $205K | -19.5% |
| 3 Bedrooms | $275K | $299.9K | +9.1% |
| 4 Bedrooms | $380K | $410K | +7.9% |
| 5+ Bedrooms | $480.4K | $467.4K | -2.7% |
Summary: Spring 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 decreased by 19.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Spring Township | $296.4K | $314.9K | +6.2% |
| Bellefonte | $299.9K | $310K | +3.4% |
| Walker Township | $372.4K | $358.7K | -3.7% |
Housing Supply in Spring Township, PA
How many homes are available in Spring Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 37 | -15.9% |
Summary: The Spring Township real estate market had 37 homes for sale in November 2024, a 15.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Spring 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 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spring Township, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Spring Township in November 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.
Days on Market for Spring Township, PA
How long does it take to sell a home in Spring Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 48 Days | +417.9% |
Summary: Homes in Spring Township had an average of 48 days on market in Nov 2024, up by 417.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spring Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Spring Township; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
