Is Manchester Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Manchester Township was a Seller's Market.
Housing Prices in Manchester Township, PA
How much do homes in Manchester Township, PA cost?
Median Sold Price
$275,445
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Manchester Township was $275,445 in May 2024, up 3.9% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87.5K | $150K | +71.4% |
2 Bedrooms | $186.5K | $198.7K | +6.5% |
3 Bedrooms | $234.9K | $225K | -4.2% |
4 Bedrooms | $398.7K | $410K | +2.8% |
5+ Bedrooms | $525K | $515K | -1.9% |
Summary: Manchester Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.4%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
York | $209.6K | $235K | +12.1% |
Spring Garden Township | $250K | $272K | +8.8% |
Springettsbury Township | $254.2K | $265.7K | +4.5% |
Manchester Township | $265K | $275.4K | +3.9% |
North York | $162.5K | $148.2K | -8.8% |
Housing Supply in Manchester Township, PA
How many homes are available in Manchester Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
91 | 83 | -8.8% |
Summary: The Manchester Township real estate market had 83 homes for sale in May 2024, a 8.8% decrease 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 | 8 | 8 | 0.0% |
3 Bedrooms | 37 | 32 | -13.5% |
4 Bedrooms | 37 | 36 | -2.7% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Manchester 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 remained the same, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 11 | -56.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Manchester Township in May 2024, down by 56.0% month-over-month. Of the 11 sold homes, 9% were sold under asking, 36% were sold at asking, and 55% were sold over asking.
Days on Market for Manchester Township, PA
How long does it take to sell a home in Manchester Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 7 Days | -41.9% |
Summary: Homes in Manchester Township had an average of 7 days on market in May 2024, down by 41.9% 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
Summary: During May 2024, 11 homes were sold in Manchester 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.