Is Frackville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Frackville has remained a Seller's Market.
Key Takeaway
Frackville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Frackville, PA
How much do homes in Frackville, PA cost?
Median Sold Price
$105,000
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Frackville have sold for 8.7% less than they did a year ago.
Summary: The median home sold price in Frackville was $105,000 in May 2024, down 8.7% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65K | $99.5K | +53.1% |
| 3 Bedrooms | $109K | $94.9K | -12.9% |
| 4 Bedrooms | $169K | $147K | -13.0% |
| 5+ Bedrooms | $165K | $147.5K | -10.6% |
Summary: Frackville 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 53.1%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Cities
| West Mahanoy Township | $100K | $114.5K | +14.5% |
| New Castle Township | $128.3K | $129.2K | +0.7% |
| Frackville | $115K | $105K | -8.7% |
Housing Supply in Frackville, PA
How many homes are available in Frackville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Summary: The Frackville real estate market had 26 homes for sale in May 2024, a 23.8% 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 | 0 | 4 | +100.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Frackville 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frackville, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Frackville in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Frackville, PA
How long does it take to sell a home in Frackville, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 49 Days | +66.8% |
Summary: Homes in Frackville had an average of 49 days on market in May 2024, up by 66.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Frackville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Frackville; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
