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 September 2023

Since last year, Enola has remained a Seller's 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

$232,800

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$825(-0.4%)

Key Takeaway

The sold price of homes in Enola has remained the same since last year.

Summary: The median home sold price in Enola was $232,800 in September 2024, down 0.4% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $135K$150K
+11.1%
2 $175K$184.9K
+5.7%
3 $229.7K$231.5K
+0.8%
4 $410K$346K
-15.6%
5+ $725K$939.2K
+29.6%

Summary: Enola housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 29.6%.

Median Sold Price Compared To Nearby Cities

Camp Hill
+7.4%
Hampden Township
+3.4%
East Pennsboro Township
+0.9%
Enola
-0.4%

Housing Supply in Enola, PA

How many homes are available in Enola, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6257-8.1%

Summary: The Enola real estate market had 57 homes for sale in September 2024, a 8.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 108
-20.0%
3 3126
-16.1%
4 1617
+6.3%
5+ 56
+20.0%

Summary: The Enola 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 decreased by 20%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1418+28.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 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. 55.6% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Enola in September 2024, up by 28.6% month-over-month. Of the 18 sold homes, 39% were sold under asking, 6% were sold at asking, and 56% 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

Sep 2023Sep 2024CHANGE
14 Days15 Days+1.9%

Summary: Homes in Enola had an average of 15 days on market in Sep 2024, up by 1.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 September 2024, 18 homes were sold in Enola; 83% of homes were sold within 30 days, 17% 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 Sep 1, 2024

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