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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dauphin is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Dauphin was a Buyer's Market.

Key Takeaway

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

Housing Prices in Dauphin, PA

How much do homes in Dauphin, PA cost?

Median Sold Price

$315,781

$150/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$249,209(-44.1%)

Key Takeaway

Homes in Dauphin have sold for 44.1% less than they did a month ago.

Summary: The median home sold price in Dauphin was $315,781 in May 2024, down 44.1% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$320K
N/A
3 --
N/A
4 $564.9K$311.5K
-44.9%
5+ --
N/A

Summary: Dauphin housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 44.9%, and 5+ bedroom homes did not change.

Housing Supply in Dauphin, PA

How many homes are available in Dauphin, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
811+37.5%

Summary: The Dauphin real estate market had 11 homes for sale in May 2024, a 37.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 24
+100.0%
4 33
0.0%
5+ 22
0.0%

Summary: The Dauphin housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dauphin, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dauphin in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Dauphin, PA

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

Average Sale Time

Apr 2024May 2024CHANGE
253 Days6 Days-97.4%

Summary: Homes in Dauphin had an average of 6 days on market in May 2024, down by 97.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Dauphin; 100% of homes were sold within 30 days, 0% 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 1 Day Ago

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