Is Avalon, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avalon is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Avalon was a Seller's Market.

Key Takeaway

Avalon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Avalon, PA

How much do homes in Avalon, PA cost?

Median Sold Price

$195,000

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,520(+16.4%)

Key Takeaway

Homes in Avalon have sold for 16.4% more than they did a year ago.

Summary: The median home sold price in Avalon was $195,000 in November 2024, up 16.4% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $86.2K$92K
+6.7%
2 $141.2K$123.5K
-12.6%
3 $154K$240K
+55.8%
4 $269K$225K
-16.4%
5+ $290.1K$214.9K
-25.9%

Summary: Avalon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 12.6%, 3 bedroom homes increased by 55.8%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes decreased by 25.9%.

Median Sold Price Compared To Nearby Cities

Avalon
+16.4%
Ross Township
+4.8%
Bellevue
0.0%

Housing Supply in Avalon, PA

How many homes are available in Avalon, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2625-3.8%

Summary: The Avalon real estate market had 25 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 43
-25.0%
3 79
+28.6%
4 77
0.0%
5+ 54
-20.0%

Summary: The Avalon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avalon, 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 Avalon in November 2024, down by 50.0% 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 Avalon, PA

How long does it take to sell a home in Avalon, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days60 Days+38.2%

Summary: Homes in Avalon had an average of 60 days on market in Nov 2024, up by 38.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Avalon are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Avalon; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Avalon, PA

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