$3,919 Closing Credit*
$329,995
1,475 SqFt
2 Beds
•2 Full Baths
Christopher P Martin, Listing Office: Coldwell Banker Realty
Is West Manheim 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, West Manheim Township has remained a Seller's Market.
Key Takeaway
West Manheim Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Manheim Township, PA
How much do homes in West Manheim Township, PA cost?
Median Sold Price
$345,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$100(0.0%)
Key Takeaway
The sold price of homes in West Manheim Township has remained the same since last year.
Summary: The median home sold price in West Manheim Township was $345,000 in October 2024, the same as last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.9K | $230K | +21.1% |
| 3 Bedrooms | $245K | $265K | +8.2% |
| 4 Bedrooms | $390K | $369.2K | -5.3% |
| 5+ Bedrooms | $429.9K | $434.9K | +1.2% |
Summary: West Manheim Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Manheim Township | $310K | $329.5K | +6.3% |
| West Manheim Township | $344.9K | $345K | 0.0% |
| Penn Township | $276K | $275K | -0.4% |
Housing Supply in West Manheim Township, PA
How many homes are available in West Manheim Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 67 | +15.5% |
Summary: The West Manheim Township real estate market had 67 homes for sale in October 2024, a 15.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 29 | 33 | +13.8% |
| 4 Bedrooms | 23 | 26 | +13.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The West Manheim Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 20 | +185.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Manheim Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in West Manheim Township in October 2024, up by 185.7% month-over-month. Of the 20 sold homes, 35% were sold under asking, 40% were sold at asking, and 25% were sold over asking.
Days on Market for West Manheim Township, PA
How long does it take to sell a home in West Manheim Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 21 Days | +110.1% |
Summary: Homes in West Manheim Township had an average of 21 days on market in Oct 2024, up by 110.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Manheim Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in West Manheim Township; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
