Is Enola, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Enola is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Enola was a Neutral Market.

Key Takeaway

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

Housing Prices in Enola, PA

How much do homes in Enola, PA cost?

Median Sold Price

$235,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,500(+2.4%)

Key Takeaway

Homes in Enola have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Enola was $235,000 in March 2024, up 2.4% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135K-
N/A
2 $184K$175K
-4.9%
3 $220K$235K
+6.8%
4 $380K$410K
+7.9%
5+ $734K$780K
+6.3%

Summary: Enola 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 decreased by 4.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Cities

Hampden Township
+14.3%
Camp Hill
+3.7%
Enola
+2.4%
East Pennsboro Township
+0.7%

Housing Supply in Enola, PA

How many homes are available in Enola, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8173-9.9%

Summary: The Enola real estate market had 73 homes for sale in March 2024, a 9.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1512
-20.0%
3 4037
-7.5%
4 1817
-5.6%
5+ 86
-25.0%

Summary: The Enola 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 20%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2016-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enola, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Enola in March 2024, down by 20.0% month-over-month. Of the 16 sold homes, 25% were sold under asking, 31% were sold at asking, and 44% were sold over asking.

Days on Market for Enola, PA

How long does it take to sell a home in Enola, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
9 Days15 Days+71.6%

Summary: Homes in Enola had an average of 15 days on market in Mar 2024, up by 71.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 16 homes were sold in Enola; 88% of homes were sold within 30 days, 6% 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 25 Days Ago

Newest Listings in Enola, PA

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