Is Steelton, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Steelton is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Steelton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Steelton, PA

How much do homes in Steelton, PA cost?

Median Sold Price

$139,900

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$200(+0.1%)

Key Takeaway

The sold price of homes in Steelton has remained the same since last year.

Summary: The median home sold price in Steelton was $139,900 in December 2024, up 0.1% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $123.4K$126.2K
+2.3%
3 $146K$141.5K
-3.1%
4 $162.4K$138.4K
-14.8%
5+ $117.4K$150K
+27.7%

Summary: Steelton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 27.7%.

Median Sold Price Compared To Nearby Cities

Highspire
+22.2%
Lower Swatara Township
+14.5%
New Cumberland
+5.8%
Swatara Township
+5.3%
Steelton
0.1%

Housing Supply in Steelton, PA

How many homes are available in Steelton, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3032+6.7%

Summary: The Steelton real estate market had 32 homes for sale in December 2024, a 6.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1614
-12.5%
4 1011
+10.0%
5+ 23
+50.0%

Summary: The Steelton housing inventory by bedroom type for December 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 12.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Steelton, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Steelton in December 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for Steelton, PA

How long does it take to sell a home in Steelton, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
33 Days34 Days+3.1%

Summary: Homes in Steelton had an average of 34 days on market in Dec 2024, up by 3.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 7 homes were sold in Steelton; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 4 Days Ago

Newest Listings in Steelton, PA

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