Is New Holland, 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, New Holland has remained a Seller's Market.
Housing Prices in New Holland, PA
How much do homes in New Holland, PA cost?
Median Sold Price
$335,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in New Holland was $335,000 in May 2024, up 11.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | - | N/A |
2 Bedrooms | $230K | $210K | -8.7% |
3 Bedrooms | $299.9K | $337K | +12.4% |
4 Bedrooms | $451K | $401K | -11.1% |
5+ Bedrooms | $409K | $637.5K | +55.9% |
Summary: New Holland 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 8.7%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 55.9%.
Housing Supply in New Holland, PA
How many homes are available in New Holland, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The New Holland real estate market had 27 homes for sale in May 2024, a 3.6% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The New Holland 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 13.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in New Holland in May 2024, up by 66.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for New Holland, PA
How long does it take to sell a home in New Holland, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 15 Days | +38.9% |
Summary: Homes in New Holland had an average of 15 days on market in May 2024, up by 38.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in New Holland; 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.