Is Adams Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Adams Township was a Seller's Market.

Key Takeaway

Adams Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Adams Township, PA

How much do homes in Adams Township, PA cost?

Median Sold Price

$545,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,485(+5.9%)

Key Takeaway

Homes in Adams Township have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Adams Township was $545,000 in October 2024, up 5.9% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $196K$195K
-0.5%
2 $368.7K$316K
-14.3%
3 $367.9K$397K
+7.9%
4 $612K$675.5K
+10.4%
5+ $889K$940K
+5.7%

Summary: Adams Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Cities

Adams Township
+5.9%
Seven Fields
+4.5%
Mars
+4.3%
Valencia
+0.7%

Housing Supply in Adams Township, PA

How many homes are available in Adams Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6569+6.2%

Summary: The Adams Township real estate market had 69 homes for sale in October 2024, a 6.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 117
-36.4%
3 2019
-5.0%
4 2231
+40.9%
5+ 1010
0.0%

Summary: The Adams Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams 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 Adams Township in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.

Days on Market for Adams Township, PA

How long does it take to sell a home in Adams Township, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days50 Days+205.9%

Summary: Homes in Adams Township had an average of 50 days on market in Oct 2024, up by 205.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Adams Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Adams Township; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Adams Township, PA

Nearby Markets to Adams Township, PA

What housing markets are near Adams Township, PA?