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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blakeslee is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Blakeslee has remained a Seller's Market.

Key Takeaway

Blakeslee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blakeslee, PA

How much do homes in Blakeslee, PA cost?

Median Sold Price

$287,250

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,250(+4.5%)

Key Takeaway

Homes in Blakeslee have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Blakeslee was $287,250 in November 2024, up 4.5% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $187K$227K
+21.4%
3 $270K$305K
+13.0%
4 $393.7K$265K
-32.7%
5+ $463.7K$330K
-28.8%

Summary: Blakeslee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 32.7%, and 5+ bedroom homes decreased by 28.8%.

Median Sold Price Compared To Nearby Cities

Blakeslee
+4.5%
Tobyhanna Township
+3.9%
Tunkhannock Township
-3.4%
Kidder Township
-6.6%
Lake Harmony
-9.6%

Housing Supply in Blakeslee, PA

How many homes are available in Blakeslee, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2326+13.0%

Summary: The Blakeslee real estate market had 26 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 912
+33.3%
4 66
0.0%
5+ 55
0.0%

Summary: The Blakeslee 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blakeslee, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Blakeslee in November 2024, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Blakeslee, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days54 Days+414.3%

Summary: Homes in Blakeslee had an average of 54 days on market in Nov 2024, up by 414.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blakeslee has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Blakeslee; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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

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