$1,769 Closing Credit*
$149,000
1,494 SqFt
4 Beds
•2 Full Baths, 1 Partial
Domenic Greco, Listing Office: Re/Max Select Realty
Is Elizabeth Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Elizabeth Township was a Seller's Market.
Key Takeaway
Elizabeth Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Elizabeth Township, PA
How much do homes in Elizabeth Township, PA cost?
Median Sold Price
$184,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,100(+2.3%)
Key Takeaway
Homes in Elizabeth Township have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Elizabeth Township was $184,000 in October 2024, up 2.3% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $150K | +36.4% |
| 2 Bedrooms | $119.7K | $142.5K | +19.0% |
| 3 Bedrooms | $197.4K | $186.2K | -5.7% |
| 4 Bedrooms | $240K | $283K | +17.9% |
| 5+ Bedrooms | $225K | $68.7K | -69.4% |
Summary: Elizabeth Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 69.4%.
Median Sold Price Compared To Nearby Cities
| Elizabeth | $180K | $185K | +2.8% |
| Elizabeth Township | $179.9K | $184K | +2.3% |
Housing Supply in Elizabeth Township, PA
How many homes are available in Elizabeth Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 58 | +11.5% |
Summary: The Elizabeth Township real estate market had 58 homes for sale in October 2024, a 11.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 12 | +71.4% |
| 3 Bedrooms | 36 | 38 | +5.6% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Elizabeth 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 increased by 71.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elizabeth Township, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Elizabeth Township in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Elizabeth Township, PA
How long does it take to sell a home in Elizabeth Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 46 Days | +27.5% |
Summary: Homes in Elizabeth Township had an average of 46 days on market in Oct 2024, up by 27.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Elizabeth Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Elizabeth Township; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
