Is Chambersburg Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chambersburg Township has remained a Seller's Market.
Housing Prices in Chambersburg Township, NC
How much do homes in Chambersburg Township, NC cost?
Median Sold Price
$324,959
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chambersburg Township was $324,959 in May 2024, up 6.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $197.5K | $279.9K | +41.8% |
3 Bedrooms | $283.5K | $309.9K | +9.3% |
4 Bedrooms | $350K | $388.4K | +11.0% |
5+ Bedrooms | $425.9K | $335.4K | -21.2% |
Summary: Chambersburg Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.8%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 21.2%.
Median Sold Price Compared To Nearby Cities
Statesville Township | $257.1K | $295.6K | +15.0% |
Statesville | $260K | $294.2K | +13.2% |
Cleveland Township | $272.5K | $297.2K | +9.1% |
Chambersburg Township | $305K | $324.9K | +6.5% |
Cool Springs Township | $319K | $335K | +5.0% |
Housing Supply in Chambersburg Township, NC
How many homes are available in Chambersburg Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
97 | 106 | +9.3% |
Summary: The Chambersburg Township real estate market had 106 homes for sale in May 2024, a 9.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 56 | 59 | +5.4% |
4 Bedrooms | 21 | 25 | +19.0% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Chambersburg Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 28 | +75.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Chambersburg Township in May 2024, up by 75.0% month-over-month. Of the 28 sold homes, 46% were sold under asking, 43% were sold at asking, and 11% were sold over asking.
Days on Market for Chambersburg Township, NC
How long does it take to sell a home in Chambersburg Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 45 Days | -20.9% |
Summary: Homes in Chambersburg Township had an average of 45 days on market in May 2024, down by 20.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Chambersburg Township; 46% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.