Is Mount Joy Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$338,266
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mount Joy Township have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Mount Joy Township was $338,266 in April 2024, up 12.8% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136.4K | $101K | -26.0% |
| 2 Bedrooms | $297.5K | $320K | +7.6% |
| 3 Bedrooms | $280K | $300.5K | +7.3% |
| 4 Bedrooms | $420K | $414.9K | -1.2% |
| 5+ Bedrooms | $359.5K | $420K | +16.8% |
Summary: Mount Joy Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Mount Joy Township | $300K | $338.2K | +12.8% |
| South Londonderry Township | $355K | $390K | +9.9% |
| Elizabethtown | $284K | $308.4K | +8.6% |
| Conewago Township | $518.2K | $494K | -4.7% |
Housing Supply in Mount Joy Township, PA
How many homes are available in Mount Joy Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 64 | 63 | -1.6% |
Summary: The Mount Joy Township real estate market had 63 homes for sale in April 2024, a 1.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 38 | 39 | +2.6% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Mount Joy Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Joy Township, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Mount Joy Township in April 2024, up by 22.2% month-over-month. Of the 22 sold homes, 23% were sold under asking, 32% were sold at asking, and 45% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 19 Days | 15 Days | -19.9% |
Summary: Homes in Mount Joy Township had an average of 15 days on market in Apr 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Joy Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in Mount Joy Township; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
