$8,905 Closing Credit*
$749,900
4,422 SqFt
5 Beds
•2 Full Baths, 1 Partial
Jeff Peters, Listing Office: RE/MAX Evolved
Is Lititz, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lititz has remained a Seller's Market.
Key Takeaway
Lititz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lititz, PA
How much do homes in Lititz, PA cost?
Median Sold Price
$430,000
$217/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Lititz has remained the same since last year.
Summary: The median home sold price in Lititz was $430,000 in November 2024, the same as last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $339.9K | +7.9% |
| 3 Bedrooms | $350K | $357K | +2.0% |
| 4 Bedrooms | $514.4K | $578.3K | +12.4% |
| 5+ Bedrooms | $657K | $750K | +14.2% |
Summary: Lititz housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Cities
| Warwick Township | $425K | $451.5K | +6.2% |
| Lititz | $430K | $430K | 0.0% |
Housing Supply in Lititz, PA
How many homes are available in Lititz, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 130 | 120 | -7.7% |
Summary: The Lititz real estate market had 120 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 60 | 44 | -26.7% |
| 4 Bedrooms | 44 | 45 | +2.3% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Lititz housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lititz, you could pay more than the asking price. 64.7% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in Lititz in November 2024, the same as the previous month. Of the 34 sold homes, 24% were sold under asking, 12% were sold at asking, and 65% were sold over asking.
Days on Market for Lititz, PA
How long does it take to sell a home in Lititz, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 29 Days | -14.7% |
Summary: Homes in Lititz had an average of 29 days on market in Nov 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lititz are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in Lititz; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
