Is Martic Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Martic Township has remained a Seller's Market.
Housing Prices in Martic Township, PA
How much do homes in Martic Township, PA cost?
Median Sold Price
$350,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Martic Township was $350,000 in May 2024, up 1.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $240K | N/A |
3 Bedrooms | $325K | $352.5K | +8.5% |
4 Bedrooms | $383.5K | $353.5K | -7.8% |
5+ Bedrooms | $495K | $497.5K | 0.5% |
Summary: Martic 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 did not change, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
Conestoga Township | $322.4K | $350K | +8.5% |
Martic Township | $346K | $350K | +1.2% |
Housing Supply in Martic Township, PA
How many homes are available in Martic Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 13 | +62.5% |
Summary: The Martic Township real estate market had 13 homes for sale in May 2024, a 62.5% 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 | 2 | 6 | +200.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Martic 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 increased by 200%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Martic Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Martic Township, PA
How long does it take to sell a home in Martic Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 5 Days | -3.0% |
Summary: Homes in Martic Township had an average of 5 days on market in May 2024, down by 3% 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 Martic 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.