Is Sutersville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sutersville was a Neutral Market.
Key Takeaway
Sutersville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sutersville, PA
How much do homes in Sutersville, PA cost?
Median Sold Price
$191,835
-
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Sutersville have sold for 16.3% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | - | N/A |
| 3 Bedrooms | - | $188.4K | N/A |
| 4 Bedrooms | - | $219K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sutersville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sutersville, PA
How many homes are available in Sutersville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Sutersville real estate market had 8 homes for sale in May 2024, a 14.3% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sutersville 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sutersville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sutersville in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sutersville, PA
How long does it take to sell a home in Sutersville, PA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 Days | 57 Days | +130.7% |
Summary: Homes in Sutersville had an average of 57 days on market in May 2024, up by 130.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sutersville has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Sutersville; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
