Is West Earl Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Earl Township is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, West Earl Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in West Earl Township, PA cost?

Median Sold Price

$320,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$50,000(+18.5%)

Key Takeaway

Homes in West Earl Township have sold for 18.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 -$47K
N/A
2 $212.5K$225K
+5.9%
3 $258.5K$265K
+2.5%
4 $310K$395.5K
+27.6%
5+ $477.5K$384.9K
-19.4%

Median Sold Price Compared To Nearby Cities

Akron
+19.0%
West Earl Township
+18.5%

How many homes are available in West Earl Township, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
45+25.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 01
+100.0%
5+ 11
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
13+200.0%

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 West Earl 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%
10 Days21 Days+112.4%

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 West Earl 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 West Earl Township, PA

West Earl Township, PA has 5 homes for sale to choose from. The inventory of homes for sale in West Earl Township, PA between November 2022 and December 2022 increased by 25%. In December 2022 median list price was $320,000 and the average listing age was 21 days. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 5.9%, the cost of 3 bedrooms properties went up by 2.5%, prices of 4 bedrooms properties increased by 27.6%, prices of 5 bedrooms properties decreased by 19.4%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes did not move, 4 bedrooms homes became 100% more available, the quantity of 5 bedrooms homes have not changed. Over 2 listings were sold over their listed price in December 2022 in West Earl Township, PA. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.

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