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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shiremanstown is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Shiremanstown was a Neutral Market.

Key Takeaway

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

Housing Prices in Shiremanstown, PA

How much do homes in Shiremanstown, PA cost?

Median Sold Price

$255,000

$144/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$50,000(+24.4%)

Key Takeaway

Homes in Shiremanstown have sold for 24.4% more than they did a month ago.

Summary: The median home sold price in Shiremanstown was $255,000 in May 2024, up 24.4% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $205K-
N/A
4 -$255K
N/A
5+ --
N/A

Summary: Shiremanstown housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Shiremanstown, PA

How many homes are available in Shiremanstown, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
53-40.0%

Summary: The Shiremanstown real estate market had 3 homes for sale in May 2024, a 40.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 30
-100.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Shiremanstown 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 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shiremanstown, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Shiremanstown in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Shiremanstown, PA

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

Average Sale Time

Apr 2024May 2024CHANGE
6 Days5 Days-16.7%

Summary: Homes in Shiremanstown had an average of 5 days on market in May 2024, down by 16.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Shiremanstown are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Shiremanstown; 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

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