Is Shamokin 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, Shamokin Township was a Seller's Market.
Key Takeaway
Shamokin Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shamokin Township, PA
How much do homes in Shamokin Township, PA cost?
Median Sold Price
$64,700
$41/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Shamokin Township have sold for 17.6% more than they did a year ago.
Summary: The median home sold price in Shamokin Township was $64,700 in May 2024, up 17.6% from last year, and the median price per square foot was $41.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | $43K | +115.0% |
| 2 Bedrooms | $40.9K | $25K | -38.9% |
| 3 Bedrooms | $55.9K | $65K | +16.3% |
| 4 Bedrooms | $58.5K | $57K | -2.6% |
| 5+ Bedrooms | $56.2K | $79K | +40.4% |
Summary: Shamokin Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115%, 2 bedroom homes decreased by 38.9%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 40.4%.
Median Sold Price Compared To Nearby Cities
| Paxinos | $235.5K | $278.5K | +18.3% |
| Shamokin Township | $55K | $64.7K | +17.6% |
| Trevorton | $120K | $110K | -8.3% |
| Zerbe Township | $120K | $110K | -8.3% |
Housing Supply in Shamokin Township, PA
How many homes are available in Shamokin Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 | 51 | +18.6% |
Summary: The Shamokin Township real estate market had 51 homes for sale in May 2024, a 18.6% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 6 | 15 | +150.0% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Shamokin 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 decreased by 10.5%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shamokin Township, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Shamokin Township in May 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Shamokin Township, PA
How long does it take to sell a home in Shamokin Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 47 Days | +571.4% |
Summary: Homes in Shamokin Township had an average of 47 days on market in May 2024, up by 571.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shamokin Township has remained consistent over time.
Summary: During May 2024, 8 homes were sold in Shamokin Township; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
