Is Jonestown, PA 17038 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Jonestown is a seller’s market. With about 0.8 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score89/ 100

More competitive than 94% of U.S. ZIP codes, and #107 of 601 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply0.8Under 4 months = seller’s market
Sold above original list43.5%Share of sales, last 3 months
Median sale-to-list100.8%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$193▲ +15.1% vs. last year

The Jonestown housing market right now

In the three months ending August 31, 2026, 44% of homes in Jonestown, PA 17038 sold above their list price, the typical home went under contract in 6 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (44% then), homes sold faster (12 days then) and the median sale price fell 10% to $309,866. Overall, Jonestown is about as competitive as it was a year ago.

Within Lebanon County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Jonestown ranks #107 of 601 PA ZIP codes with enough sales (score 89 out of 100).

Nearby, buyers who want less competition could look at Annville 17003 (17% sold over asking) or Palmyra 17078 (33% sold over asking), while Mount Gretna 17064 (75% sold over asking) and Newmanstown 17073 (52% sold over asking) are even more competitive.

Nearby markets

Annville 17003Seller’s market $196 /sq ftFredericksburg 17026Seller’s market $148 /sq ftGrantville 17028Seller’s market $210 /sq ftLebanon 17042Seller’s market $186 /sq ft Browse all markets →

Where Jonestown is

Loading map…

Questions about Jonestown real estate

Is Jonestown a buyer’s or seller’s market?

A seller’s market: there were 0.8 months of supply in Jonestown, PA 17038 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Jonestown?

The typical home went under contract in 6 days in the latest three months.

Do homes in Jonestown sell over asking?

44% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.

What are property taxes in Jonestown?

About 1.37% of a home’s value a year in Lebanon County, or roughly $5,480 on a $400,000 home.

What is the median home price in Jonestown?

The median sale price was $309,866 in the three months ending August 31, 2026, about $193 per square foot.

No sponsored agents in 17038 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 17038

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology