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
Since last year, Mount Joy Township has remained a Seller's Market.
Housing Prices in Mount Joy Township, PA
How much do homes in Mount Joy Township, PA cost?
Median Sold Price
$345,000
$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 $345,000 in May 2024, up 9.5% 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 | $102K | -37.5% |
2 Bedrooms | $297.5K | $310K | +4.2% |
3 Bedrooms | $288.5K | $316K | +9.5% |
4 Bedrooms | $447.3K | $414.9K | -7.2% |
5+ Bedrooms | $490K | $462.4K | -5.6% |
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 37.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
Mount Pleasant Township | $181K | $210K | +16.0% |
Mount Joy Township | $315K | $345K | +9.5% |
Cumberland Township | $304.6K | $325K | +6.7% |
Straban Township | $399.9K | $399.9K | 0.0% |
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 | 64 | -4.5% |
Summary: The Mount Joy Township real estate market had 64 homes for sale in May 2024, a 4.5% 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 | 39 | 32 | -17.9% |
4 Bedrooms | 16 | 22 | +37.5% |
5+ Bedrooms | 4 | 5 | +25.0% |
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 17.9%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 11 | -38.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Mount Joy Township in May 2024, down by 38.9% month-over-month. Of the 11 sold homes, 9% were sold under asking, 55% were sold at asking, and 36% 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 | 69 Days | +912.8% |
Summary: Homes in Mount Joy Township had an average of 69 days on market in May 2024, up by 912.8% compared to last year.
Breakdown of Home Sale Times
8 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, 11 homes were sold in Mount Joy Township; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.