Is Mount Joy, PA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Mount Joy is a seller's market


Difference Since August 2022

Since last year, Mount Joy has remained a Seller's Market.

Key Takeaway

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

Housing Prices

How much do homes in Mount Joy, PA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Mount Joy have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Mount Joy was $320,000 in August 2023, up 11.1% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 -$118.7K
2 $217.7K$305K
3 $254.7K$300K
4 $437.5K$409.9K
5+ $479K$437.5K

Summary: Mount Joy housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.1%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 8.7%.

Median Sold Price Compared To Nearby Cities

Mount Joy Township
Mount Joy
East Donegal Township
Rapho Township

Housing Supply

How many homes are available in Mount Joy, PA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Mount Joy real estate market had 65 homes for sale in August 2023, a 8.5% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 02
2 812
3 3227
4 2316
5+ 88

Summary: The Mount Joy housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Joy, expect to pay close to the asking price. 45.8% of homes here sold near the asking price last month.

Summary: A total of 24 homes were sold or pending in Mount Joy in August 2023, up by 26.3% month-over-month. Of the 24 sold homes, 33% were sold under asking, 46% were sold at asking, and 21% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
6 Days23 Days+246.3%

Summary: Homes in Mount Joy had an average of 23 days on market in Aug 2023, up by 246.3% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 24 homes were sold in Mount Joy; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% 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 26 Days Ago

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