Is West Earl 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, West Earl Township was a Seller's Market.
Housing Prices in West Earl Township, PA
How much do homes in West Earl Township, PA cost?
Median Sold Price
$348,895
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Earl Township was $348,895 in May 2024, up 4.5% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $279.5K | N/A |
3 Bedrooms | $320K | $325K | +1.6% |
4 Bedrooms | $417.5K | $357.5K | -14.4% |
5+ Bedrooms | $452K | $425K | -6.0% |
Summary: West Earl Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
Ephrata Township | $292.4K | $320K | +9.4% |
West Earl Township | $334K | $348.8K | +4.5% |
Housing Supply in West Earl Township, PA
How many homes are available in West Earl Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Summary: The West Earl Township real estate market had 9 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 5 | +66.7% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Earl Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in West Earl Township in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for West Earl Township, PA
How long does it take to sell a home in West Earl Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
3 Days | 34 Days | +1033.3% |
Summary: Homes in West Earl Township had an average of 34 days on market in May 2024, up by 1033.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in West Earl Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.