Is Adams County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Adams County was a Seller's Market.

Key Takeaway

Adams County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Adams County, PA

How much do homes in Adams County, PA cost?

Median Sold Price

$288,523

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$13,523(+4.9%)

Key Takeaway

Homes in Adams County have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Adams County was $288,523 in March 2024, up 4.9% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $175K$153K
-12.6%
2 $195K$220K
+12.8%
3 $260K$283.9K
+9.2%
4 $330K$332.5K
+0.8%
5+ $390K$483K
+23.8%

Summary: Adams County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Counties

York County
+7.0%
Cumberland County
+6.7%
Carroll County
+5.5%
Adams County
+4.9%
Frederick County
+3.2%

Housing Supply in Adams County, PA

How many homes are available in Adams County, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
386398+3.1%

Summary: The Adams County real estate market had 398 homes for sale in March 2024, a 3.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 4040
0.0%
3 191203
+6.3%
4 108111
+2.8%
5+ 4340
-7.0%

Summary: The Adams County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5253+1.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams County, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in Adams County in March 2024, up by 1.9% month-over-month. Of the 53 sold homes, 42% were sold under asking, 28% were sold at asking, and 30% were sold over asking.

Days on Market for Adams County, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
35 Days44 Days+23.8%

Summary: Homes in Adams County had an average of 44 days on market in Mar 2024, up by 23.8% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 53 homes were sold in Adams County; 72% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 15% 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 18 Days Ago

Newest Listings in Adams County, PA

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