Is West Hempfield Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Hempfield Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Hempfield Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Hempfield Township, PA

How much do homes in West Hempfield Township, PA cost?

Median Sold Price

$349,900

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,900(+2.9%)

Key Takeaway

Homes in West Hempfield Township have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in West Hempfield Township was $349,900 in November 2024, up 2.9% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K$235K
+51.6%
2 $221.7K$237.5K
+7.1%
3 $311K$325.2K
+4.6%
4 $423.4K$417K
-1.5%
5+ $325K$396.5K
+22.0%

Summary: West Hempfield Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.6%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 22%.

Median Sold Price Compared To Nearby Cities

Mountville
+8.3%
Wrightsville
+7.9%
East Donegal Township
+6.2%
Columbia
+5.5%
West Hempfield Township
+2.9%

Housing Supply in West Hempfield Township, PA

How many homes are available in West Hempfield Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3432-5.9%

Summary: The West Hempfield Township real estate market had 32 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 2322
-4.3%
4 66
0.0%
5+ 22
0.0%

Summary: The West Hempfield 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 remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Hempfield Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in West Hempfield Township in November 2024, down by 30.8% month-over-month. Of the 9 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for West Hempfield Township, PA

How long does it take to sell a home in West Hempfield Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days11 Days-13.4%

Summary: Homes in West Hempfield Township had an average of 11 days on market in Nov 2024, down by 13.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in West Hempfield Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in West Hempfield Township, PA

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