$3,266 Closing Credit*
$275,000
1,320 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jason Forry, Listing Office: RE/MAX Quality Service, Inc.
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 November 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
$344,945
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$55(0%)
Key Takeaway
The sold price of homes in West Manheim Township has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $238K | +3.5% |
| 3 Bedrooms | $245K | $265K | +8.2% |
| 4 Bedrooms | $389.9K | $382.7K | -1.9% |
| 5+ Bedrooms | $429.9K | $434.9K | +1.2% |
Summary: West Manheim 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 3.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Penn Township | $275K | $279.9K | +1.8% |
| West Manheim Township | $345K | $344.9K | 0% |
Housing Supply in West Manheim Township, PA
How many homes are available in West Manheim Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 55 | -11.3% |
Summary: The West Manheim Township real estate market had 55 homes for sale in November 2024, a 11.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 31 | 25 | -19.4% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The West Manheim Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 11 | -47.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Manheim Township, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in West Manheim Township in November 2024, down by 47.6% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 13 Days | -69.8% |
Summary: Homes in West Manheim Township had an average of 13 days on market in Nov 2024, down by 69.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 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 November 2024, 11 homes were sold in West Manheim Township; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
