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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Drumore Township is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, East Drumore Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in East Drumore Township, PA cost?

Median Sold Price

$375,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$50,000(+15.4%)

Key Takeaway

Homes in East Drumore Township have sold for 15.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 -$415.2K
N/A
3 $276K$375K
+35.9%
4 $329.9K$355K
+7.6%
5+ $332.5K$429K
+29.0%

Median Sold Price Compared To Nearby Cities

East Drumore Township
+15.4%
Quarryville
+13.8%

How many homes are available in East Drumore Township, PA?

Number of Homes For Sale

Dec 2022Jan 2023%
660.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 22
0.0%
5+ 22
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Drumore Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Jan 2022Jan 2023%
4 Days13 Days+237.5%

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 East Drumore Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About East Drumore Township, PA

Number of homes for sale in East Drumore Township, PA real estate market have reached 6. In January 2023 median list price was $375,000 and the average listing age was 13 days. This housing market listing prices have changed between December 2022 and January 2023: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 35.9% more expensive, the cost of 4 bedrooms properties went up by 7.6%, 5 bedrooms properties became 29% more expensive. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes did not move, 3 bedrooms homes did not move, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in January 2023 in East Drumore Township, PA. In the same period over 0 listings were sold below the listed price and 2 listings were sold for the listed price.