Is Adams County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Adams County was a Seller's Market.
Key Takeaway
Adams County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Adams County, PA
How much do homes in Adams County, PA cost?
Median Sold Price
$290,666
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Adams County have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Adams County was $290,666 in April 2024, up 5.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158.5K | $153K | -3.5% |
| 2 Bedrooms | $197K | $217.5K | +10.4% |
| 3 Bedrooms | $255K | $285K | +11.8% |
| 4 Bedrooms | $320K | $335K | +4.7% |
| 5+ Bedrooms | $390K | $496K | +27.2% |
Summary: Adams County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 27.2%.
Median Sold Price Compared To Nearby Counties
| Cumberland County | $280K | $300K | +7.1% |
| York County | $248.7K | $264.9K | +6.5% |
| Adams County | $274.7K | $290.6K | +5.8% |
| Carroll County | $417K | $439.9K | +5.5% |
| Frederick County | $448K | $465.1K | +3.8% |
Housing Supply in Adams County, PA
How many homes are available in Adams County, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 238 | 235 | -1.3% |
Summary: The Adams County real estate market had 235 homes for sale in April 2024, a 1.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 31 | 36 | +16.1% |
| 3 Bedrooms | 138 | 121 | -12.3% |
| 4 Bedrooms | 54 | 58 | +7.4% |
| 5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The Adams County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.1%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 62 | 38 | -38.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Adams County, you could pay more than the asking price. 39.5% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in Adams County in April 2024, down by 38.7% month-over-month. Of the 38 sold homes, 37% were sold under asking, 24% were sold at asking, and 39% were sold over asking.
Days on Market for Adams County, PA
How long does it take to sell a home in Adams County, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 38 Days | +22.9% |
Summary: Homes in Adams County had an average of 38 days on market in Apr 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Adams County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 38 homes were sold in Adams County; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
