Is Adams County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $153K | -12.6% |
| 2 Bedrooms | $195K | $220K | +12.8% |
| 3 Bedrooms | $260K | $283.9K | +9.2% |
| 4 Bedrooms | $330K | $332.5K | +0.8% |
| 5+ Bedrooms | $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 | $244.2K | $261.2K | +7.0% |
| Cumberland County | $281K | $299.9K | +6.7% |
| Carroll County | $416.7K | $439.6K | +5.5% |
| Adams County | $275K | $288.5K | +4.9% |
| Frederick County | $448.2K | $462.6K | +3.2% |
Housing Supply in Adams County, PA
How many homes are available in Adams County, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 386 | 398 | +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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 40 | 40 | 0.0% |
| 3 Bedrooms | 191 | 203 | +6.3% |
| 4 Bedrooms | 108 | 111 | +2.8% |
| 5+ Bedrooms | 43 | 40 | -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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 52 | 53 | +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
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 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 44 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
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.
