Is Hampden Township, PA 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, Hampden Township has remained a Seller's Market.
Key Takeaway
Hampden Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hampden Township, PA
How much do homes in Hampden Township, PA cost?
Median Sold Price
$381,666
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hampden Township have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Hampden Township was $381,666 in May 2024, up 13.9% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $224.5K | $250.2K | +11.5% |
| 3 Bedrooms | $297.5K | $340K | +14.3% |
| 4 Bedrooms | $444.5K | $507.5K | +14.2% |
| 5+ Bedrooms | $646.5K | $615K | -4.9% |
Summary: Hampden 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 11.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Cities
| Hampden Township | $335K | $381.6K | +13.9% |
| Mechanicsburg | $332.3K | $360.4K | +8.5% |
| Enola | $230K | $245K | +6.5% |
| Silver Spring Township | $450K | $395K | -12.2% |
Housing Supply in Hampden Township, PA
How many homes are available in Hampden Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 73 | 79 | +8.2% |
Summary: The Hampden Township real estate market had 79 homes for sale in May 2024, a 8.2% 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 | 11 | 6 | -45.5% |
| 3 Bedrooms | 30 | 36 | +20.0% |
| 4 Bedrooms | 21 | 26 | +23.8% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Hampden 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 45.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hampden Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Hampden Township in May 2024, down by 21.1% month-over-month. Of the 15 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Hampden Township, PA
How long does it take to sell a home in Hampden Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 12 Days | 6 Days | -48.7% |
Summary: Homes in Hampden Township had an average of 6 days on market in May 2024, down by 48.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hampden Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Hampden Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
