Is Gettysburg, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gettysburg is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Gettysburg, PA

How much do homes in Gettysburg, PA cost?

Median Sold Price

$345,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,000(+6.8%)

Key Takeaway

Homes in Gettysburg have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Gettysburg was $345,000 in October 2024, up 6.8% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $153K$160K
+4.6%
2 $237K$237.5K
0.2%
3 $279.9K$323K
+15.4%
4 $375K$399.9K
+6.7%
5+ $450.4K$526.2K
+16.8%

Summary: Gettysburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.8%.

Median Sold Price Compared To Nearby Cities

Cumberland Township
+22.2%
Gettysburg
+6.8%
Straban Township
-8.7%

Housing Supply in Gettysburg, PA

How many homes are available in Gettysburg, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103117+13.6%

Summary: The Gettysburg real estate market had 117 homes for sale in October 2024, a 13.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2728
+3.7%
3 4047
+17.5%
4 2633
+26.9%
5+ 109
-10.0%

Summary: The Gettysburg 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 3.7%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1826+44.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gettysburg, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Gettysburg in October 2024, up by 44.4% month-over-month. Of the 26 sold homes, 54% were sold under asking, 19% were sold at asking, and 27% were sold over asking.

Days on Market for Gettysburg, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days43 Days+100.2%

Summary: Homes in Gettysburg had an average of 43 days on market in Oct 2024, up by 100.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 26 homes were sold in Gettysburg; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% 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

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