New - 1 day on Rocket
$10,000 Closing Credit¹
Faruk Sisic, Listing Office: Cavalry Realty, LLC
Pequea Township Housing Market Report December 2024•Lancaster County, Pennsylvania
Housing Prices in Pequea Township, PA
How much do homes in Pequea Township, PA cost?
Housing Market Conditions
Is Pequea Township, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Pequea Township is a Seller's Market
Difference Since December 2023
Since last year, Pequea Township has remained a Seller's Market.
Insight
Pequea Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$334,900$183/SqFt
-$10,100
-2.9%
Based on all homes sold in the last 12 months
Insight
Homes in Pequea Township have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Pequea Township was $334,900 in December 2024, down 2.9% from last year, and the median price per square foot was $183.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Willow Street | $333.4K | $330K | -1.0% |
| Pequea Township | $345K | $334.9K | -2.9% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $247.5K | $240K | -3.0% |
| 33 Bedrooms | $330K | $321K | -2.7% |
| 44 Bedrooms | $360K | $436K | +21.1% |
| 55+ Bedrooms | $495K | $450K | -9.1% |
Summary: Pequea Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.0%. The home price for 3 bedroom homes decreased by -2.7%. The home price for 4 bedroom homes increased by +21.1%. The home price for 5 bedroom homes decreased by -9.1%.
Housing supply in Pequea Township, PA
How many homes are available in Pequea Township, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthDec 2024 | ||
| 172 months agoNov 2024 | -5.9 % Change MoMNov – Dec |
Summary: The Pequea Township real estate market had 16 homes for sale in Dec 2024, a 5.9 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 52 months agoNov 2024 | +20.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 3 | 1 | -66.7% |
| 33 Bedrooms | 11 | 9 | -18.2% |
| 44 Bedrooms | 2 | 4 | +100.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Pequea Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes decreased by -18.2%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Pequea Township, PA cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Pequea Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Pequea Township in December 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and and 17% were sold over asking.
Days on Market for Pequea Township, PA
How long does it take to sell a home in Pequea Township, PA?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Pequea Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 6 homes were sold in Pequea Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 15 DaysThis YearDec 2024 | ||
| 9 Days1 year agoDec 2023 | +52.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Pequea Township had an average listing age of 15 days in Dec 2024, up by 52.5% compared to the previous year.
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Newest Listings in Pequea Township, PA
What homes are available in Pequea Township, PA?
$1,781 Closing Credit¹
Jason S. Burkholder, Listing Office: Hometown Property Sales
$3,859 Closing Credit¹
Thomas W Taglieri III, Listing Office: Coldwell Banker Realty
$10,000 Closing Credit¹
Faruk Sisic, Listing Office: Cavalry Realty, LLC
Lavinia Smerconish, Listing Office: Compass Pennsylvania, LLC
$4,749 Closing Credit¹
Donald L Forrey, Listing Office: Charles & Associates RE
Backup offers
$4,749 Closing Credit¹
Jeffrey D Bowman, Listing Office: Hometown Property Sales
$6,293 Closing Credit¹
Jeffrey D Walton, Listing Office: Coldwell Banker Realty
Mick Kalata, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/19/2025, 6:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.