$3,027 Closing Credit*
$254,900
1,207 SqFt
2 Beds
•2 Full Baths
Scott Jaraczewski, Listing Office: Iron Valley Real Estate of Berks
Is Auburn, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Auburn has remained a Seller's Market.
Key Takeaway
Auburn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Auburn, PA
How much do homes in Auburn, PA cost?
Median Sold Price
$296,150
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,150(+6.5%)
Key Takeaway
Homes in Auburn have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Auburn was $296,150 in October 2024, up 6.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $272K | +51.1% |
| 3 Bedrooms | $262K | $292.5K | +11.6% |
| 4 Bedrooms | $290.7K | $389.9K | +34.1% |
| 5+ Bedrooms | $315K | $263K | -16.5% |
Summary: Auburn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
| West Brunswick Township | $232.5K | $262.4K | +12.9% |
| South Manheim Township | $307K | $335K | +9.1% |
| Auburn | $278K | $296.1K | +6.5% |
Housing Supply in Auburn, PA
How many homes are available in Auburn, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Auburn real estate market had 26 homes for sale in October 2024, a 13.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Auburn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Auburn, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Auburn in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 57% were sold at asking, and 29% were sold over asking.
Days on Market for Auburn, PA
How long does it take to sell a home in Auburn, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 6 Days | -81.3% |
Summary: Homes in Auburn had an average of 6 days on market in Oct 2024, down by 81.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Auburn are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Auburn; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
