Is West Hempfield Township, 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, West Hempfield Township has remained a Seller's Market.
Housing Prices in West Hempfield Township, PA
How much do homes in West Hempfield Township, PA cost?
Median Sold Price
$340,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Hempfield Township was $340,000 in April 2024, up 7.1% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $155K | N/A |
2 Bedrooms | $206.5K | $213.1K | +3.2% |
3 Bedrooms | $293K | $305K | +4.1% |
4 Bedrooms | $376.5K | $415K | +10.2% |
5+ Bedrooms | $450K | $375K | -16.7% |
Summary: West Hempfield Township 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 3.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Cities
Wrightsville | $204.5K | $245K | +19.8% |
Mountville | $291.2K | $317K | +8.8% |
West Hempfield Township | $317.5K | $340K | +7.1% |
Columbia | $214K | $225K | +5.1% |
East Donegal Township | $309.9K | $323.3K | +4.3% |
Housing Supply in West Hempfield Township, PA
How many homes are available in West Hempfield Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 21 | -25.0% |
Summary: The West Hempfield Township real estate market had 21 homes for sale in April 2024, a 25.0% decrease 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 | 2 | 3 | +50.0% |
3 Bedrooms | 14 | 11 | -21.4% |
4 Bedrooms | 7 | 2 | -71.4% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The West Hempfield 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 increased by 50%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in West Hempfield Township in April 2024, down by 50.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for West Hempfield Township, PA
How long does it take to sell a home in West Hempfield Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 17 Days | +91.5% |
Summary: Homes in West Hempfield Township had an average of 17 days on market in Apr 2024, up by 91.5% compared to last year.
Breakdown of Home Sale Times
4 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, 5 homes were sold in West Hempfield Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.