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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Adams Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Adams Township, PA

How much do homes in Adams Township, PA cost?

Median Sold Price

$545,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,485(+5.9%)

Key Takeaway

Homes in Adams Township have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Adams Township was $545,000 in October 2024, up 5.9% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $196K$195K
-0.5%
2 $368.7K$316K
-14.3%
3 $367.9K$397K
+7.9%
4 $612K$675.5K
+10.4%
5+ $889K$940K
+5.7%

Summary: Adams Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Cities

Adams Township
+5.9%
Seven Fields
+4.5%
Mars
+4.3%
Valencia
+0.7%

Housing Supply in Adams Township, PA

How many homes are available in Adams Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6569+6.2%

Summary: The Adams Township real estate market had 69 homes for sale in October 2024, a 6.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 117
-36.4%
3 2019
-5.0%
4 2231
+40.9%
5+ 1010
0.0%

Summary: The Adams Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams Township, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Adams Township in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.

Days on Market for Adams Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days50 Days+205.9%

Summary: Homes in Adams Township had an average of 50 days on market in Oct 2024, up by 205.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Adams Township; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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 2 Days Ago

Newest Listings in Adams Township, PA

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