Is Elizabeth Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Elizabeth Township was a Seller's Market.
Housing Prices in Elizabeth Township, PA
How much do homes in Elizabeth Township, PA cost?
Median Sold Price
$185,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Elizabeth Township was $185,000 in April 2024, up 0.4% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $150K | +36.4% |
2 Bedrooms | $134.4K | $124.5K | -7.4% |
3 Bedrooms | $195.3K | $194.9K | -0.2% |
4 Bedrooms | $279.2K | $280K | 0.3% |
5+ Bedrooms | $392.5K | $310K | -21.0% |
Summary: Elizabeth Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.4%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 21%.
Median Sold Price Compared To Nearby Cities
Elizabeth | $145K | $182K | +25.5% |
Elizabeth Township | $184.2K | $185K | 0.4% |
Housing Supply in Elizabeth Township, PA
How many homes are available in Elizabeth Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 52 | +6.1% |
Summary: The Elizabeth Township real estate market had 52 homes for sale in April 2024, a 6.1% increase 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 | 12 | 9 | -25.0% |
3 Bedrooms | 27 | 29 | +7.4% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Elizabeth Township 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 25%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 7 | -41.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Elizabeth Township in April 2024, down by 41.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for Elizabeth Township, PA
How long does it take to sell a home in Elizabeth Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 31 Days | -58.7% |
Summary: Homes in Elizabeth Township had an average of 31 days on market in Apr 2024, down by 58.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Elizabeth Township; 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.