$10,000 Closing Credit*
$1,049,500
3,664 SqFt
5 Beds
•3 Full Baths, 1 Partial
Jennifer Debernardis, Listing Office: Coldwell Banker Realty
Is Upper Allen 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, Upper Allen Township has remained a Seller's Market.
Key Takeaway
Upper Allen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upper Allen Township, PA
How much do homes in Upper Allen Township, PA cost?
Median Sold Price
$359,962
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,462(+8.3%)
Key Takeaway
Homes in Upper Allen Township have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Upper Allen Township was $359,962 in October 2024, up 8.3% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $159K | +17.8% |
| 2 Bedrooms | $220K | $254.9K | +15.9% |
| 3 Bedrooms | $312K | $320K | +2.6% |
| 4 Bedrooms | $511.5K | $518.9K | +1.5% |
| 5+ Bedrooms | $790K | $618.2K | -21.7% |
Summary: Upper Allen Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.8%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 21.7%.
Median Sold Price Compared To Nearby Cities
| Mechanicsburg | $344.8K | $374.9K | +8.7% |
| Upper Allen Township | $332.5K | $359.9K | +8.3% |
| Lower Allen Township | $265.1K | $285.5K | +7.7% |
Housing Supply in Upper Allen Township, PA
How many homes are available in Upper Allen Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 85 | -6.6% |
Summary: The Upper Allen Township real estate market had 85 homes for sale in October 2024, a 6.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 43 | 37 | -14.0% |
| 4 Bedrooms | 37 | 34 | -8.1% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Upper Allen Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 27 | +35.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Allen Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Upper Allen Township in October 2024, up by 35.0% month-over-month. Of the 27 sold homes, 26% were sold under asking, 30% were sold at asking, and 44% were sold over asking.
Days on Market for Upper Allen Township, PA
How long does it take to sell a home in Upper Allen Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 36 Days | +375.2% |
Summary: Homes in Upper Allen Township had an average of 36 days on market in Oct 2024, up by 375.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Allen Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in Upper Allen Township; 70% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
