Is Newville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Newville has remained a Seller's Market.
Housing Prices in Newville, PA
How much do homes in Newville, PA cost?
Median Sold Price
$273,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Newville was $273,000 in April 2024, up 21.9% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $176K | N/A |
2 Bedrooms | $175K | $242.5K | +38.6% |
3 Bedrooms | $234K | $281.5K | +20.3% |
4 Bedrooms | $297.4K | $268K | -9.9% |
5+ Bedrooms | $196K | $240K | +22.4% |
Summary: Newville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.6%, 3 bedroom homes increased by 20.3%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 22.4%.
Median Sold Price Compared To Nearby Cities
Newville | $224K | $273K | +21.9% |
West Pennsboro Township | $271K | $320K | +18.1% |
Housing Supply in Newville, PA
How many homes are available in Newville, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Summary: The Newville real estate market had 17 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Newville 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 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Newville in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Newville, PA
How long does it take to sell a home in Newville, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 24 Days | +500.0% |
Summary: Homes in Newville had an average of 24 days on market in Apr 2024, up by 500% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Newville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.