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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avella is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Avella was a Seller's Market.

Key Takeaway

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

Housing Prices in Avella, PA

How much do homes in Avella, PA cost?

Median Sold Price

$160,000

$132/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$373,500(-70.0%)

Key Takeaway

Homes in Avella have sold for 70% less than they did a month ago.

Summary: The median home sold price in Avella was $160,000 in November 2024, down 70% from last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$160K
N/A
3 --
N/A
4 $379.2K-
N/A
5+ $685K-
N/A

Summary: Avella housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Independence Township
-28.9%
Avella
-70.0%

Housing Supply in Avella, PA

How many homes are available in Avella, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The Avella real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 12
+100.0%
4 43
-25.0%
5+ 10
-100.0%

Summary: The Avella housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avella, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Avella in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Avella, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
22 Days2 Days-91.0%

Summary: Homes in Avella had an average of 2 days on market in Nov 2024, down by 91% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Avella; 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.

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 Avella, PA

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