Market Research Report: 128 Oak Knoll Circle

Background

128 Oak Knoll Circle is a residential property located in Millersville, Pennsylvania. The property is a townhouse built in 1988, featuring 3 bedrooms and 2.5 bathrooms, with a total finished area of 2,086 square feet. The property is part of a homeowners association (HOA) that covers maintenance services such as lawn care, sewer, snow removal, trash collection, water, and exterior building maintenance.

Financials and Funding

The property was last sold on October 20, 2023, for $235,000, reflecting a 3.3% annual appreciation from the previous sale in 2022. The assessed value for tax purposes in 2025 was $140,600, with annual property taxes amounting to $3,928.

Market Insights and Dynamics

The real estate market in Millersville, Pennsylvania, has experienced moderate growth in recent years. The median sale price for homes in the area was $235,000 as of October 2023, indicating a stable market with steady appreciation rates. The property is situated within the Penn Manor School District, which is known for its quality education, potentially enhancing its appeal to families.

Competitor Analysis

In the vicinity of 128 Oak Knoll Circle, several comparable properties have been listed or sold, providing insight into the competitive landscape:

• 127 Oak Knoll Circle: Listed at $263,200, featuring 3 bedrooms and 2 bathrooms.

• 126 Oak Knoll Circle: Listed at $259,200, offering 3 bedrooms and 2 bathrooms.

• 130 Oak Knoll Circle: Listed at $287,600, with 3 bedrooms and 2 bathrooms.

These properties are similar in size and configuration, indicating a competitive market for townhomes in this area.

Strategic Opportunities and Future Directions

For potential investors or homeowners, 128 Oak Knoll Circle presents an opportunity to acquire a well-maintained townhouse in a stable and growing market. The property's location within a reputable school district adds to its attractiveness. Monitoring market trends and comparable property values will be essential for making informed investment decisions.

Contact Information

For more information or inquiries about 128 Oak Knoll Circle, please refer to the listing details provided by the real estate agent or contact the homeowners association directly.