Is Lower Chanceford Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower Chanceford Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lower Chanceford Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lower Chanceford Township, PA

How much do homes in Lower Chanceford Township, PA cost?

Median Sold Price

$223,050

$119/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$68,150(+44.0%)

Key Takeaway

Homes in Lower Chanceford Township have sold for 44% more than they did a month ago.

Summary: The median home sold price in Lower Chanceford Township was $223,050 in April 2024, up 44% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $205K-
N/A
3 $104.8K-
N/A
4 -$223K
N/A
5+ --
N/A

Summary: Lower Chanceford Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lower Chanceford Township, PA

How many homes are available in Lower Chanceford Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87-12.5%

Summary: The Lower Chanceford Township real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 22
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Lower Chanceford Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lower Chanceford Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Lower Chanceford Township in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Lower Chanceford Township, PA

How long does it take to sell a home in Lower Chanceford Township, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
2 Days6 Days+140.0%

Summary: Homes in Lower Chanceford Township had an average of 6 days on market in Apr 2024, up by 140% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Lower Chanceford 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Lower Chanceford Township, PA

Nearby Markets to Lower Chanceford Township, PA

What housing markets are near Lower Chanceford Township, PA?