$7,005 Closing Credit*
$589,900
2,469 SqFt
3 Beds
•2 Full Baths, 1 Partial
Deb Hepler, Listing Office: Iron Valley Real Estate of Central PA
Is West Hanover Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, West Hanover Township has remained a Seller's Market.
Key Takeaway
West Hanover Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Hanover Township, PA
How much do homes in West Hanover Township, PA cost?
Median Sold Price
$315,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,000(+4.3%)
Key Takeaway
Homes in West Hanover Township have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in West Hanover Township was $315,000 in November 2024, up 4.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $236.5K | $288.3K | +21.9% |
| 3 Bedrooms | $287.5K | $300.5K | +4.5% |
| 4 Bedrooms | $491K | $424.9K | -13.5% |
| 5+ Bedrooms | $553.5K | $608K | +9.8% |
Summary: West Hanover 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 21.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Cities
| South Hanover Township | $338.3K | $377.5K | +11.6% |
| West Hanover Township | $302K | $315K | +4.3% |
| Lower Paxton Township | $299.9K | $310K | +3.3% |
| East Hanover Township | $401K | $380.5K | -5.1% |
Housing Supply in West Hanover Township, PA
How many homes are available in West Hanover Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The West Hanover Township real estate market had 23 homes for sale in November 2024, a 11.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The West Hanover Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Hanover Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in West Hanover Township in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for West Hanover Township, PA
How long does it take to sell a home in West Hanover Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 38 Days | +402.8% |
Summary: Homes in West Hanover Township had an average of 38 days on market in Nov 2024, up by 402.8% 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
Key Takeaway
Many homes in West Hanover Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in West Hanover Township; 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.
