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
$225,000
$156/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 $225,000 in April 2024, up 21% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $150K | N/A |
2 Bedrooms | $134.9K | $146.8K | +8.9% |
3 Bedrooms | $270K | $230K | -14.8% |
4 Bedrooms | $330K | $308.5K | -6.5% |
5+ Bedrooms | $140K | $479.9K | +242.8% |
Summary: Elizabeth Township 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 8.9%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 242.8%.
Median Sold Price Compared To Nearby Cities
Clay Township | $330K | $430K | +30.3% |
Elizabeth Township | $186K | $225K | +21.0% |
Warwick Township | $373.5K | $441K | +18.1% |
Heidelberg Township | $315K | $290K | -7.9% |
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 |
---|---|---|
28 | 33 | +17.9% |
Summary: The Elizabeth Township real estate market had 33 homes for sale in April 2024, a 17.9% 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 | 7 | 6 | -14.3% |
3 Bedrooms | 13 | 16 | +23.1% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 1 | 1 | 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 14.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Elizabeth Township in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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 |
---|---|---|
63 Days | 30 Days | -51.1% |
Summary: Homes in Elizabeth Township had an average of 30 days on market in Apr 2024, down by 51.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Elizabeth Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.