Is Elizabethtown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Elizabethtown has remained a Seller's Market.
Housing Prices in Elizabethtown, PA
How much do homes in Elizabethtown, PA cost?
Median Sold Price
$305,500
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Elizabethtown was $305,500 in March 2024, up 9.1% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $201.5K | $225K | +11.7% |
3 Bedrooms | $286K | $284.9K | -0.4% |
4 Bedrooms | $286.5K | $403K | +40.7% |
5+ Bedrooms | $445K | $510K | +14.6% |
Summary: Elizabethtown 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 11.7%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 40.7%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
Mount Joy Township | $305K | $335K | +9.8% |
Elizabethtown | $279.9K | $305.5K | +9.1% |
West Donegal Township | $333K | $340.2K | +2.2% |
Housing Supply in Elizabethtown, PA
How many homes are available in Elizabethtown, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 63 | +1.6% |
Summary: The Elizabethtown real estate market had 63 homes for sale in March 2024, a 1.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 33 | 36 | +9.1% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Elizabethtown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Elizabethtown in March 2024, up by 50.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for Elizabethtown, PA
How long does it take to sell a home in Elizabethtown, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 23 Days | +34.6% |
Summary: Homes in Elizabethtown had an average of 23 days on market in Mar 2024, up by 34.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Elizabethtown; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.