Is Easton, 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, Easton has remained a Seller's Market.
Key Takeaway
Easton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Easton, PA
How much do homes in Easton, PA cost?
Median Sold Price
$345,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Easton have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Easton was $345,000 in May 2024, up 10.2% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $287K | $170K | -40.8% |
| 2 Bedrooms | $241K | $255K | +5.8% |
| 3 Bedrooms | $294.6K | $328.4K | +11.5% |
| 4 Bedrooms | $456.6K | $452.2K | -1.0% |
| 5+ Bedrooms | $458K | $479.9K | +4.8% |
Summary: Easton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.8%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
| Wilson | $206.2K | $236.8K | +14.8% |
| Williams Township | $379.9K | $429.9K | +13.2% |
| Easton | $312.9K | $345K | +10.2% |
Housing Supply in Easton, PA
How many homes are available in Easton, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 306 | 299 | -2.3% |
Summary: The Easton real estate market had 299 homes for sale in May 2024, a 2.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 44 | 42 | -4.5% |
| 3 Bedrooms | 124 | 132 | +6.5% |
| 4 Bedrooms | 100 | 95 | -5.0% |
| 5+ Bedrooms | 33 | 28 | -15.2% |
Summary: The Easton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 15.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 83 | 84 | +1.2% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Easton, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 84 homes were sold or pending in Easton in May 2024, up by 1.2% month-over-month. Of the 84 sold homes, 42% were sold under asking, 20% were sold at asking, and 38% were sold over asking.
Days on Market for Easton, PA
How long does it take to sell a home in Easton, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 26 Days | -31.9% |
Summary: Homes in Easton had an average of 26 days on market in May 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
68 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Easton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 84 homes were sold in Easton; 81% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
