Is Dauphin County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dauphin County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Dauphin County has remained a Seller's Market.

Key Takeaway

Dauphin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dauphin County, PA

How much do homes in Dauphin County, PA cost?

Median Sold Price

$249,951

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,993(+10.6%)

Key Takeaway

Homes in Dauphin County have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Dauphin County was $249,951 in October 2024, up 10.6% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $140.7K$130K
-7.6%
2 $193.6K$210K
+8.5%
3 $225K$245.6K
+9.2%
4 $290K$316.4K
+9.1%
5+ $215K$302.5K
+40.7%

Summary: Dauphin County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 40.7%.

Median Sold Price Compared To Nearby Counties

Juniata County
+12.9%
Dauphin County
+10.6%
Lebanon County
+7.2%
Perry County
+6.4%
Cumberland County
+2.2%

Housing Supply in Dauphin County, PA

How many homes are available in Dauphin County, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
886823-7.1%

Summary: The Dauphin County real estate market had 823 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 112103
-8.0%
3 437400
-8.5%
4 253228
-9.9%
5+ 7885
+9.0%

Summary: The Dauphin County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
272219-19.5%

Asking Price vs. Sold Price

79 Homes Were Sold
Under Asking

62 Homes Were Sold
At Asking

78 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dauphin County, you may be able to get a good deal. 36.1% of homes here sold below asking price last month.

Summary: A total of 219 homes were sold or pending in Dauphin County in October 2024, down by 19.5% month-over-month. Of the 219 sold homes, 36% were sold under asking, 28% were sold at asking, and 36% were sold over asking.

Days on Market for Dauphin County, PA

How long does it take to sell a home in Dauphin County, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days23 Days+57.1%

Summary: Homes in Dauphin County had an average of 23 days on market in Oct 2024, up by 57.1% compared to last year.

Breakdown of Home Sale Times

170 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 219 homes were sold in Dauphin County; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 5% 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 22 Days Ago

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