Is Adams County, 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, Adams County has remained a Seller's Market.
Housing Prices in Adams County, PA
How much do homes in Adams County, PA cost?
Median Sold Price
$292,066
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Adams County was $292,066 in May 2024, up 5.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158.5K | $153K | -3.5% |
2 Bedrooms | $199.9K | $215K | +7.6% |
3 Bedrooms | $264.9K | $285.1K | +7.6% |
4 Bedrooms | $329.9K | $341.2K | +3.4% |
5+ Bedrooms | $390K | $492K | +26.2% |
Summary: Adams County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 26.2%.
Median Sold Price Compared To Nearby Counties
Cumberland County | $281.8K | $300.5K | +6.7% |
Carroll County | $415K | $441.9K | +6.5% |
York County | $250K | $264.6K | +5.9% |
Adams County | $277K | $292K | +5.4% |
Frederick County | $449.9K | $468.2K | +4.1% |
Housing Supply in Adams County, PA
How many homes are available in Adams County, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
246 | 276 | +12.2% |
Summary: The Adams County real estate market had 276 homes for sale in May 2024, a 12.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 38 | 36 | -5.3% |
3 Bedrooms | 127 | 147 | +15.7% |
4 Bedrooms | 62 | 72 | +16.1% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Adams County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 50 | +16.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Adams County in May 2024, up by 16.3% month-over-month. Of the 50 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for Adams County, PA
How long does it take to sell a home in Adams County, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 28 Days | +24.4% |
Summary: Homes in Adams County had an average of 28 days on market in May 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 50 homes were sold in Adams County; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.