Is Dauphin County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Dauphin County has remained a Seller's Market.
Key Takeaway
Dauphin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dauphin County, PA
How much do homes in Dauphin County, PA cost?
Median Sold Price
$233,983
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dauphin County have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Dauphin County was $233,983 in April 2024, up 6.2% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143K | $127K | -11.2% |
| 2 Bedrooms | $184.5K | $197.8K | +7.2% |
| 3 Bedrooms | $216.5K | $234.5K | +8.3% |
| 4 Bedrooms | $286.7K | $295K | +2.9% |
| 5+ Bedrooms | $221.5K | $250K | +12.9% |
Summary: Dauphin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.2%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Counties
| Perry County | $229.9K | $250K | +8.7% |
| Lebanon County | $245.6K | $264.9K | +7.9% |
| Cumberland County | $280K | $300K | +7.1% |
| Dauphin County | $220.3K | $233.9K | +6.2% |
| Juniata County | $187.5K | $180K | -4.0% |
Housing Supply in Dauphin County, PA
How many homes are available in Dauphin County, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 710 | 714 | +0.6% |
Summary: The Dauphin County real estate market had 714 homes for sale in April 2024, a 0.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 4 | -42.9% |
| 2 Bedrooms | 91 | 93 | +2.2% |
| 3 Bedrooms | 351 | 343 | -2.3% |
| 4 Bedrooms | 176 | 195 | +10.8% |
| 5+ Bedrooms | 85 | 79 | -7.1% |
Summary: The Dauphin County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 208 | 155 | -25.5% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dauphin County, you could pay more than the asking price. 41.9% of homes here sold above asking price last month.
Summary: A total of 155 homes were sold or pending in Dauphin County in April 2024, down by 25.5% month-over-month. Of the 155 sold homes, 37% were sold under asking, 21% were sold at asking, and 42% were sold over asking.
Days on Market for Dauphin County, PA
How long does it take to sell a home in Dauphin County, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 23 Days | -33.8% |
Summary: Homes in Dauphin County had an average of 23 days on market in Apr 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
126 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dauphin County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 155 homes were sold in Dauphin County; 81% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
