Is Newberry 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, Newberry Township has remained a Seller's Market.
Housing Prices in Newberry Township, PA
How much do homes in Newberry Township, PA cost?
Median Sold Price
$279,950
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Newberry Township was $279,950 in May 2024, up 2.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137K | $150K | +9.5% |
2 Bedrooms | $165K | $181K | +9.7% |
3 Bedrooms | $250K | $275K | +10.0% |
4 Bedrooms | $350K | $368.1K | +5.2% |
5+ Bedrooms | $424.9K | $290K | -31.8% |
Summary: Newberry Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 31.8%.
Median Sold Price Compared To Nearby Cities
Conewago Township | $259.9K | $300K | +15.4% |
Etters | $238.9K | $275K | +15.1% |
Newberry Township | $272.9K | $279.9K | +2.5% |
Lewisberry | $413K | $357.4K | -13.5% |
Housing Supply in Newberry Township, PA
How many homes are available in Newberry Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 52 | -11.9% |
Summary: The Newberry Township real estate market had 52 homes for sale in May 2024, a 11.9% 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 | 5 | 6 | +20.0% |
3 Bedrooms | 27 | 24 | -11.1% |
4 Bedrooms | 26 | 21 | -19.2% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Newberry 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 increased by 20%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 9 | -52.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Newberry Township in May 2024, down by 52.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Newberry Township, PA
How long does it take to sell a home in Newberry Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 21 Days | +58.5% |
Summary: Homes in Newberry Township had an average of 21 days on market in May 2024, up by 58.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Newberry Township; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.