Is Schnecksville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schnecksville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Schnecksville has remained a Seller's Market.

Key Takeaway

Schnecksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Schnecksville, PA

How much do homes in Schnecksville, PA cost?

Median Sold Price

$572,259

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$117,259(+25.8%)

Key Takeaway

Homes in Schnecksville have sold for 25.8% more than they did a year ago.

Summary: The median home sold price in Schnecksville was $572,259 in May 2024, up 25.8% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $125K-
N/A
2 $265K$180K
-32.1%
3 $338K$377.5K
+11.7%
4 $548.4K$588.4K
+7.3%
5+ $597K$707K
+18.4%

Summary: Schnecksville 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 32.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 18.4%.

Median Sold Price Compared To Nearby Cities

Schnecksville
+25.8%
Orefield
+23.7%
North Whitehall Township
+9.3%

Housing Supply in Schnecksville, PA

How many homes are available in Schnecksville, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1815-16.7%

Summary: The Schnecksville real estate market had 15 homes for sale in May 2024, a 16.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 87
-12.5%
4 85
-37.5%
5+ 13
+200.0%

Summary: The Schnecksville 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 decreased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Apr 2024May 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Schnecksville, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Schnecksville in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Schnecksville, PA

How long does it take to sell a home in Schnecksville, PA?

Average Sale Time

May 2023May 2024CHANGE
44 Days5 Days-87.0%

Summary: Homes in Schnecksville had an average of 5 days on market in May 2024, down by 87% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Schnecksville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Schnecksville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Schnecksville, PA

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