Is Pike County, 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, Pike County has remained a Seller's Market.
Housing Prices in Pike County, PA
How much do homes in Pike County, PA cost?
Median Sold Price
$267,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pike County was $267,000 in May 2024, up 12.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $168K | +31.8% |
2 Bedrooms | $115K | $187.5K | +63.0% |
3 Bedrooms | $235K | $245K | +4.3% |
4 Bedrooms | $324.9K | $323.1K | -0.6% |
5+ Bedrooms | $800K | $370K | -53.8% |
Summary: Pike County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes increased by 63%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 53.8%.
Median Sold Price Compared To Nearby Counties
Sullivan County | $262.7K | $299.9K | +14.2% |
Pike County | $237.5K | $267K | +12.4% |
Sussex County | $342.9K | $378.4K | +10.3% |
Monroe County | $289.9K | $305.1K | +5.3% |
Housing Supply in Pike County, PA
How many homes are available in Pike County, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 46 | +12.2% |
Summary: The Pike County real estate market had 46 homes for sale in May 2024, a 12.2% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 20 | 26 | +30.0% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Pike County 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 increased by 100%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Pike County in May 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Pike County, PA
How long does it take to sell a home in Pike County, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 64 Days | +14.8% |
Summary: Homes in Pike County had an average of 64 days on market in May 2024, up by 14.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Pike County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.