Is East Donegal Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Donegal Township was a Neutral Market.
Key Takeaway
East Donegal Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Donegal Township, PA
How much do homes in East Donegal Township, PA cost?
Median Sold Price
$323,333
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in East Donegal Township have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in East Donegal Township was $323,333 in May 2024, up 4.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $280K | +36.6% |
| 3 Bedrooms | $288.8K | $267.5K | -7.4% |
| 4 Bedrooms | $395.8K | $427.9K | +8.1% |
| 5+ Bedrooms | $410K | $375K | -8.5% |
Summary: East Donegal Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.6%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Mount Joy | $295K | $345K | +16.9% |
| Marietta | $270.2K | $299K | +10.6% |
| West Hempfield Township | $308K | $340K | +10.4% |
| East Donegal Township | $310K | $323.3K | +4.3% |
Housing Supply in East Donegal Township, PA
How many homes are available in East Donegal Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The East Donegal Township real estate market had 23 homes for sale in May 2024, a 15.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 8 | 12 | +50.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The East Donegal Township 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 decreased by 66.7%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Donegal Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in East Donegal Township in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for East Donegal Township, PA
How long does it take to sell a home in East Donegal Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 23 Days | 11 Days | -50.7% |
Summary: Homes in East Donegal Township had an average of 11 days on market in May 2024, down by 50.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Donegal Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in East Donegal Township; 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.
