$1,424 Closing Credit*
$119,900
948 SqFt
1 Bed
•1 Full Bath
Betsy Wotherspoon, Listing Office: Berkshire Hathaway The Preferred Realty
Is Avalon, 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, Avalon has remained a Seller's Market.
Key Takeaway
Avalon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 October 2023
+$20,000(+11.4%)
Key Takeaway
Homes in Avalon have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Avalon was $195,000 in October 2024, up 11.4% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.2K | $92K | +6.7% |
| 2 Bedrooms | $131.7K | $130.9K | -0.6% |
| 3 Bedrooms | $165K | $240K | +45.5% |
| 4 Bedrooms | $269.4K | $220K | -18.4% |
| 5+ Bedrooms | $290.1K | $214.9K | -25.9% |
Summary: Avalon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 25.9%.
Median Sold Price Compared To Nearby Cities
| Avalon | $175K | $195K | +11.4% |
| Ross Township | $268.2K | $279.7K | +4.3% |
| Bellevue | $230K | $227.5K | -1.1% |
Housing Supply in Avalon, PA
How many homes are available in Avalon, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The Avalon real estate market had 27 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Avalon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avalon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Avalon in October 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 70 Days | +145.5% |
Summary: Homes in Avalon had an average of 70 days on market in Oct 2024, up by 145.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Avalon has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Avalon; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
