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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Earl is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in East Earl, PA cost?

Median Sold Price

$359,500

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$74,500(+26.1%)

Key Takeaway

Homes in East Earl have sold for 26.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $205.5K$259K
+26.0%
3 $273.5K$342.5K
+25.2%
4 $302.2K$365K
+20.8%
5+ $375K$1.1M
+206.7%

Median Sold Price Compared To Nearby Cities

East Earl
+26.1%
East Earl Township
+25.7%

How many homes are available in East Earl, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
119-18.2%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 64
-33.3%
5+ 23
+50.0%

Number of Homes Sold

Nov 2022Dec 2022%
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Earl, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
10 Days54 Days+448.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East Earl has remained consistent over time.

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

About East Earl, PA

Number of homes for sale in East Earl, PA real estate market have reached 9. The number of homes for sale in East Earl, PA decreased by 18.2% between November 2022 and December 2022. Listings spent 54 days on the market in December 2022, and had a median list price of $359,500 during the same period. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 26%, 3 bedrooms properties became 25.2% more expensive, prices of 4 bedrooms properties went up by 20.8%, prices of 5 bedrooms properties increased by 206.7%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went down by 33.3%, the quantity of 4 bedrooms homes went down by 33.3%, the quantity of 5 bedrooms homes went up by 50%. In December 2022, from all listings sold in East Earl, PA there were more than 0 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price.