Is Apollo, 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, Apollo was a Neutral Market.
Key Takeaway
Apollo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Apollo, PA
How much do homes in Apollo, PA cost?
Median Sold Price
$170,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Apollo have sold for 3% more than they did a year ago.
Summary: The median home sold price in Apollo was $170,000 in May 2024, up 3% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.5K | $116.4K | -20.0% |
| 2 Bedrooms | $108K | $155.5K | +44.0% |
| 3 Bedrooms | $160K | $175K | +9.4% |
| 4 Bedrooms | $320.5K | $250K | -22.0% |
| 5+ Bedrooms | $355K | $455K | +28.2% |
Summary: Apollo housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 44%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 22%, and 5+ bedroom homes increased by 28.2%.
Median Sold Price Compared To Nearby Cities
| North Apollo | $146.7K | $153K | +4.3% |
| Apollo | $165K | $170K | +3.0% |
| Apollo | $165K | $170K | +3.0% |
Housing Supply in Apollo, PA
How many homes are available in Apollo, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 41 | +24.2% |
Summary: The Apollo real estate market had 41 homes for sale in May 2024, a 24.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 24 | 30 | +25.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Apollo housing inventory by bedroom type for May 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 25%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Apollo, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Apollo in May 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Apollo, PA
How long does it take to sell a home in Apollo, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 51 Days | +90.0% |
Summary: Homes in Apollo had an average of 51 days on market in May 2024, up by 90% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Apollo are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Apollo; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
