Is Adamstown, 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, Adamstown has remained a Seller's Market.
Key Takeaway
Adamstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Adamstown, PA
How much do homes in Adamstown, PA cost?
Median Sold Price
$294,010
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Adamstown have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Adamstown was $294,010 in April 2024, up 13.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $95K | $260.9K | +174.6% |
| 3 Bedrooms | $262.5K | $294K | +12.0% |
| 4 Bedrooms | $275K | $330K | +20.0% |
| 5+ Bedrooms | $620K | $380K | -38.7% |
Summary: Adamstown 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 increased by 174.6%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 38.7%.
Median Sold Price Compared To Nearby Cities
| Brecknock Township | $280K | $375K | +33.9% |
| East Cocalico Township | $280K | $318K | +13.6% |
| Adamstown | $260K | $294K | +13.1% |
| Spring Township | $292K | $302.9K | +3.8% |
Housing Supply in Adamstown, PA
How many homes are available in Adamstown, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Adamstown real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Adamstown 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Adamstown, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Adamstown in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Adamstown, PA
How long does it take to sell a home in Adamstown, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 24 Days | +305.6% |
Summary: Homes in Adamstown had an average of 24 days on market in Apr 2024, up by 305.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Adamstown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Adamstown; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
