Is Gettysburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Gettysburg was a Seller'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
$318,316
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Gettysburg have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Gettysburg was $318,316 in March 2024, up 5.9% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142K | $156.5K | +10.2% |
| 2 Bedrooms | $190K | $236.5K | +24.5% |
| 3 Bedrooms | $265K | $280K | +5.7% |
| 4 Bedrooms | $302K | $377K | +24.8% |
| 5+ Bedrooms | $450K | $480.3K | +6.7% |
Summary: Gettysburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Straban Township | $307.9K | $434.9K | +41.2% |
| Cumberland Township | $297.4K | $329.9K | +10.9% |
| Gettysburg | $300.4K | $318.3K | +5.9% |
Housing Supply in Gettysburg, PA
How many homes are available in Gettysburg, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 131 | 125 | -4.6% |
Summary: The Gettysburg real estate market had 125 homes for sale in March 2024, a 4.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 22 | 19 | -13.6% |
| 3 Bedrooms | 56 | 54 | -3.6% |
| 4 Bedrooms | 34 | 33 | -2.9% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Gettysburg 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 13.6%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 13 | -35.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gettysburg, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Gettysburg in March 2024, down by 35.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 18 Days | -69.2% |
Summary: Homes in Gettysburg had an average of 18 days on market in Mar 2024, down by 69.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Gettysburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in Gettysburg; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
