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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Earl Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in East Earl Township, PA

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

Median Sold Price

$412,550

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$27,550(+7.2%)

Key Takeaway

Homes in East Earl Township have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in East Earl Township was $412,550 in September 2024, up 7.2% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 -$330K
N/A
3 $350K$399.3K
+14.1%
4 $405K$423K
+4.4%
5+ $429K$450K
+4.9%

Summary: East Earl Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

East Earl
+14.2%
East Earl Township
+7.2%

Housing Supply in East Earl Township, PA

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
75-28.6%

Summary: The East Earl Township real estate market had 5 homes for sale in September 2024, a 28.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 42
-50.0%
5+ 01
+100.0%

Summary: The East Earl Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Earl Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in East Earl Township in September 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for East Earl Township, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
14 Days3 Days-78.6%

Summary: Homes in East Earl Township had an average of 3 days on market in Sep 2024, down by 78.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Earl Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 1 homes were sold in East Earl Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in East Earl Township, PA

Nearby Markets to East Earl Township, PA