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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gettysburg is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Gettysburg has remained a Buyer's Market.

Key Takeaway

Gettysburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gettysburg, PA

How much do homes in Gettysburg, PA cost?

Median Sold Price

$310,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$9,000(+3.0%)

Key Takeaway

Homes in Gettysburg have sold for 3% more than they did a year ago.

Summary: The median home sold price in Gettysburg was $310,000 in February 2024, up 3% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $142K$156.5K
+10.2%
2 $177.5K$237K
+33.5%
3 $254.9K$279.9K
+9.8%
4 $305.9K$369.9K
+20.9%
5+ $476.4K$480.3K
+0.8%

Summary: Gettysburg housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 33.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Cities

Straban Township
+42.7%
Cumberland Township
+7.6%
Gettysburg
+3.0%

Housing Supply in Gettysburg, PA

How many homes are available in Gettysburg, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
126131+4.0%

Summary: The Gettysburg real estate market had 131 homes for sale in February 2024, a 4.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 21
-50.0%
2 1921
+10.5%
3 5258
+11.5%
4 3333
0.0%
5+ 2018
-10.0%

Summary: The Gettysburg housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1017+70.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gettysburg, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Gettysburg in February 2024, up by 70.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 41% were sold at asking, and 6% were sold over asking.

Days on Market for Gettysburg, PA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
92 Days42 Days-53.6%

Summary: Homes in Gettysburg had an average of 42 days on market in Feb 2024, down by 53.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 17 homes were sold in Gettysburg; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 24% 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 27 Days Ago

Newest Listings in Gettysburg, PA

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