Is East Pennsboro Township, 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, East Pennsboro Township has remained a Seller's Market.
Key Takeaway
East Pennsboro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Pennsboro Township, PA
How much do homes in East Pennsboro Township, PA cost?
Median Sold Price
$232,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in East Pennsboro Township have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in East Pennsboro Township was $232,000 in May 2024, up 0.6% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $150K | +11.1% |
| 2 Bedrooms | $170K | $175K | +2.9% |
| 3 Bedrooms | $225.5K | $231.7K | +2.8% |
| 4 Bedrooms | $395.1K | $381.8K | -3.4% |
| 5+ Bedrooms | $230.7K | $580K | +151.4% |
Summary: East Pennsboro Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 151.4%.
Median Sold Price Compared To Nearby Cities
| Harrisburg | $196.5K | $230K | +17.1% |
| Enola | $230K | $245K | +6.5% |
| East Pennsboro Township | $230.5K | $232K | +0.6% |
| Wormleysburg | $238K | $207K | -13.0% |
Housing Supply in East Pennsboro Township, PA
How many homes are available in East Pennsboro Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Summary: The East Pennsboro Township real estate market had 49 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 30 | 31 | +3.3% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The East Pennsboro Township 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 60%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Pennsboro Township, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in East Pennsboro Township in May 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for East Pennsboro Township, PA
How long does it take to sell a home in East Pennsboro Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 7 Days | -51.5% |
Summary: Homes in East Pennsboro Township had an average of 7 days on market in May 2024, down by 51.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Pennsboro Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in East Pennsboro Township; 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.
