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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Joy Township is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Mount Joy Township, PA cost?

Median Sold Price

$270,700

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$8,700(+3.3%)

Key Takeaway

Homes in Mount Joy Township have sold for 3.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $235K$243.5K
+3.6%
3 $210K$226.8K
+8.0%
4 $350K$449.9K
+28.5%
5+ $452.4K$550K
+21.6%

Median Sold Price Compared To Nearby Cities

Elizabethtown
+14.6%
South Londonderry Township
+13.6%
Rapho Township
+10.8%
Mount Joy Township
+3.3%

How many homes are available in Mount Joy Township, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
2315-34.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 00
0.0%
3 169
-43.8%
4 64
-33.3%
5+ 12
+100.0%

Number of Homes Sold

Nov 2022Dec 2022%
83-62.5%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Joy Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Dec 2021Dec 2022%
17 Days30 Days+76.1%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Mount Joy Township, PA

Mount Joy Township, PA has 15 homes for sale to choose from. In December 2022 in Mount Joy Township, PA there were 34.8% less homes for sale than in November 2022. The median list price of listings available in December 2022 was $270,700, while the average time on the real estate market was 30 days. Listing prices have changed in this real estate market between November 2022 and December 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 3.6% more expensive, 3 bedrooms properties became 8% more expensive, the cost of 4 bedrooms properties went up by 28.5%, the cost of 5 bedrooms properties went up by 21.6%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory decreased by 43.8%, 4 bedrooms homes became 33.3% less available, 5 bedrooms homes inventory increased by 100%. While more than 2 listings in Mount Joy Township, PA in December 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below.

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