Is East Side, 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, East Side was a Seller's Market.
Key Takeaway
East Side is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Side, PA
How much do homes in East Side, PA cost?
Median Sold Price
$137,500
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in East Side have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in East Side was $137,500 in May 2024, up 12.7% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $101K | $134.9K | +33.6% |
| 3 Bedrooms | $134.9K | $136.2K | +1.0% |
| 4 Bedrooms | $130K | $145K | +11.5% |
| 5+ Bedrooms | $120K | $121.3K | +1.1% |
Summary: East Side 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 increased by 33.6%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Veterans Memorial Park | $131.2K | $175K | +33.3% |
| Northeast | $92K | $105K | +14.1% |
| East Side | $122K | $137.5K | +12.7% |
| Valley View | $240.6K | $260K | +8.1% |
| East York | $250K | $251.5K | +0.6% |
Housing Supply in East Side, PA
How many homes are available in East Side, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The East Side real estate market had 21 homes for sale in May 2024, a 10.5% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The East Side 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 increased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Side, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Side in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for East Side, PA
How long does it take to sell a home in East Side, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 31 Days | +40.0% |
Summary: Homes in East Side had an average of 31 days on market in May 2024, up by 40% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Side are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in East Side; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
