Is Mount Joy Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mount Joy Township was a Seller's Market.
Housing Prices in Mount Joy Township, PA
How much do homes in Mount Joy Township, PA cost?
Median Sold Price
$340,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Joy Township was $340,000 in May 2024, up 13.3% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163.2K | $101K | -38.1% |
2 Bedrooms | $295.5K | $325K | +10.0% |
3 Bedrooms | $283.9K | $305K | +7.4% |
4 Bedrooms | $425K | $414.9K | -2.4% |
5+ Bedrooms | $402.2K | $420K | +4.4% |
Summary: Mount Joy Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.1%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Cities
Mount Joy Township | $300K | $340K | +13.3% |
South Londonderry Township | $345K | $390K | +13.0% |
Rapho Township | $352.5K | $378.4K | +7.4% |
Elizabethtown | $290K | $310K | +6.9% |
Housing Supply in Mount Joy Township, PA
How many homes are available in Mount Joy Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
67 | 57 | -14.9% |
Summary: The Mount Joy Township real estate market had 57 homes for sale in May 2024, a 14.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 40 | 27 | -32.5% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Mount Joy Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 32.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 7 | -69.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Mount Joy Township in May 2024, down by 69.6% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.
Days on Market for Mount Joy Township, PA
How long does it take to sell a home in Mount Joy Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
6 Days | 104 Days | +1645.2% |
Summary: Homes in Mount Joy Township had an average of 104 days on market in May 2024, up by 1645.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Mount Joy Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.