Is Enola, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Enola is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Enola, PA

How much do homes in Enola, PA cost?

Median Sold Price

$240,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,000(+5.3%)

Key Takeaway

Homes in Enola have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Enola was $240,000 in April 2024, up 5.3% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $135K-
N/A
2 $182K$177.5K
-2.5%
3 $225K$235K
+4.4%
4 $380K$411K
+8.2%
5+ $612K$934.6K
+52.7%

Summary: Enola housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 52.7%.

Median Sold Price Compared To Nearby Cities

Hampden Township
+15.4%
Enola
+5.3%
Camp Hill
+1.8%
East Pennsboro Township
+0.9%

Housing Supply in Enola, PA

How many homes are available in Enola, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5355+3.8%

Summary: The Enola real estate market had 55 homes for sale in April 2024, a 3.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 118
-27.3%
3 2630
+15.4%
4 1212
0.0%
5+ 34
+33.3%

Summary: The Enola 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 decreased by 27.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1914-26.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enola, you could pay more than the asking price. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Enola in April 2024, down by 26.3% month-over-month. Of the 14 sold homes, 14% were sold under asking, 21% were sold at asking, and 64% were sold over asking.

Days on Market for Enola, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
15 Days51 Days+235.8%

Summary: Homes in Enola had an average of 51 days on market in Apr 2024, up by 235.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 14 homes were sold in Enola; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 8 Days Ago

Newest Listings in Enola, PA

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