Is Conestoga 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, Conestoga Township was a Neutral Market.
Housing Prices in Conestoga Township, PA
How much do homes in Conestoga Township, PA cost?
Median Sold Price
$350,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Conestoga Township was $350,000 in May 2024, up 8.5% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $350K | N/A |
2 Bedrooms | $262.5K | $240K | -8.6% |
3 Bedrooms | $280K | $331K | +18.2% |
4 Bedrooms | $350K | $464.3K | +32.7% |
5+ Bedrooms | $1.3M | $1.9M | +38.4% |
Summary: Conestoga 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 decreased by 8.6%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes increased by 38.4%.
Median Sold Price Compared To Nearby Cities
Conestoga Township | $322.4K | $350K | +8.5% |
Conestoga | $324.9K | $350K | +7.7% |
Martic Township | $346K | $350K | +1.2% |
Pequea Township | $340K | $343.4K | +1.0% |
Housing Supply in Conestoga Township, PA
How many homes are available in Conestoga Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Summary: The Conestoga Township real estate market had 13 homes for sale in May 2024, a 30.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 4 | -33.3% |
4 Bedrooms | 3 | 8 | +166.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Conestoga 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 33.3%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Conestoga Township in May 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Conestoga Township, PA
How long does it take to sell a home in Conestoga Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
1 Day | 6 Days | +566.7% |
Summary: Homes in Conestoga Township had an average of 6 days on market in May 2024, up by 566.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Conestoga 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.