Is Enola, 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, Enola has remained a Seller's Market.
Key Takeaway
Enola is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Enola, PA
How much do homes in Enola, PA cost?
Median Sold Price
$245,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Enola have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Enola was $245,000 in May 2024, up 6.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $150K | +11.1% |
| 2 Bedrooms | $178.5K | $182.4K | +2.2% |
| 3 Bedrooms | $226K | $235K | +4.0% |
| 4 Bedrooms | $381K | $410K | +7.6% |
| 5+ Bedrooms | $576.9K | $930K | +61.2% |
Summary: Enola 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 2.2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 61.2%.
Median Sold Price Compared To Nearby Cities
| Hampden Township | $335K | $381.6K | +13.9% |
| Camp Hill | $265.6K | $285K | +7.3% |
| Enola | $230K | $245K | +6.5% |
| East Pennsboro Township | $230.5K | $232K | +0.6% |
Housing Supply in Enola, PA
How many homes are available in Enola, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 55 | 50 | -9.1% |
Summary: The Enola real estate market had 50 homes for sale in May 2024, a 9.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 29 | 29 | 0.0% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Enola 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 37.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Enola, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Enola in May 2024, the same as the previous month. Of the 14 sold homes, 21% were sold under asking, 36% were sold at asking, and 43% were sold over asking.
Days on Market for Enola, PA
How long does it take to sell a home in Enola, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 9 Days | -43.1% |
Summary: Homes in Enola had an average of 9 days on market in May 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Enola are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 14 homes were sold in Enola; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
