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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Joy Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mount Joy Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Joy Township, PA

How much do homes in Mount Joy Township, PA cost?

Median Sold Price

$330,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,000(+0.3%)

Key Takeaway

The sold price of homes in Mount Joy Township has remained the same since last year.

Summary: The median home sold price in Mount Joy Township was $330,000 in November 2024, up 0.3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $103K$111K
+7.8%
2 $300.5K$325K
+8.2%
3 $300K$311K
+3.7%
4 $410K$430K
+4.9%
5+ $445K$490K
+10.1%

Summary: Mount Joy Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 10.1%.

Median Sold Price Compared To Nearby Cities

Elizabethtown
+9.5%
Mount Joy Township
0.3%
Rapho Township
-2.6%
South Londonderry Township
-6.7%

Housing Supply in Mount Joy Township, PA

How many homes are available in Mount Joy Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7567-10.7%

Summary: The Mount Joy Township real estate market had 67 homes for sale in November 2024, a 10.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 1010
0.0%
3 3732
-13.5%
4 2219
-13.6%
5+ 54
-20.0%

Summary: The Mount Joy Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2622-15.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Joy Township, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Mount Joy Township in November 2024, down by 15.4% month-over-month. Of the 22 sold homes, 14% were sold under asking, 23% were sold at asking, and 64% were sold over asking.

Days on Market for Mount Joy Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days13 Days-10.3%

Summary: Homes in Mount Joy Township had an average of 13 days on market in Nov 2024, down by 10.3% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 22 homes were sold in Mount Joy Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Mount Joy Township, PA

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What housing markets are near Mount Joy Township, PA?