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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Pennsboro Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in East Pennsboro Township, PA

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

Median Sold Price

$231,556

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$1,556(+0.7%)

Key Takeaway

Homes in East Pennsboro Township have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in East Pennsboro Township was $231,556 in March 2024, up 0.7% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135K-
N/A
2 $168.7K$175K
+3.7%
3 $215K$233.4K
+8.6%
4 $394.9K$386.6K
-2.1%
5+ $230K$580K
+152.2%

Summary: East Pennsboro Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 152.2%.

Median Sold Price Compared To Nearby Cities

Harrisburg
+31.1%
Enola
+2.4%
East Pennsboro Township
+0.7%

Housing Supply in East Pennsboro Township, PA

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7470-5.4%

Summary: The East Pennsboro Township real estate market had 70 homes for sale in March 2024, a 5.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1611
-31.3%
3 3836
-5.3%
4 1516
+6.7%
5+ 56
+20.0%

Summary: The East Pennsboro Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 31.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2118-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Pennsboro Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in East Pennsboro Township in March 2024, down by 14.3% month-over-month. Of the 18 sold homes, 28% were sold under asking, 22% were sold at asking, and 50% were sold over asking.

Days on Market for East Pennsboro Township, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
14 Days17 Days+21.8%

Summary: Homes in East Pennsboro Township had an average of 17 days on market in Mar 2024, up by 21.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 18 homes were sold in East Pennsboro Township; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% 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 15 Days Ago

Newest Listings in East Pennsboro Township, PA

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