Is Elizabethtown, 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, Elizabethtown has remained a Seller's Market.
Housing Prices in Elizabethtown, PA
How much do homes in Elizabethtown, PA cost?
Median Sold Price
$308,450
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Elizabethtown was $308,450 in April 2024, up 8.6% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $208.2K | $225K | +8.0% |
3 Bedrooms | $290K | $285.8K | -1.4% |
4 Bedrooms | $342.4K | $405K | +18.3% |
5+ Bedrooms | $445K | $510K | +14.6% |
Summary: Elizabethtown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
Mount Joy Township | $300K | $338.2K | +12.8% |
Elizabethtown | $284K | $308.4K | +8.6% |
West Donegal Township | $337.5K | $341.9K | +1.3% |
Housing Supply in Elizabethtown, PA
How many homes are available in Elizabethtown, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 51 | -16.4% |
Summary: The Elizabethtown real estate market had 51 homes for sale in April 2024, a 16.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 35 | 27 | -22.9% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Elizabethtown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 15 | -34.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Elizabethtown in April 2024, down by 34.8% month-over-month. Of the 15 sold homes, 7% were sold under asking, 33% were sold at asking, and 60% were sold over asking.
Days on Market for Elizabethtown, PA
How long does it take to sell a home in Elizabethtown, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 15 Days | -29.3% |
Summary: Homes in Elizabethtown had an average of 15 days on market in Apr 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Elizabethtown; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.