Is Caernarvon Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caernarvon Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Caernarvon Township, PA

How much do homes in Caernarvon Township, PA cost?

Median Sold Price

$425,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,500(+5.9%)

Key Takeaway

Homes in Caernarvon Township have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Caernarvon Township was $425,000 in October 2024, up 5.9% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$355K
N/A
3 $352.5K$425K
+20.6%
4 $415.7K$428K
+2.9%
5+ $845K-
N/A

Summary: Caernarvon Township 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 did not change, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Narvon
+14.1%
Caernarvon Township
+5.9%
Brecknock Township
+4.2%
East Earl Township
+3.8%
East Earl
0.0%

Housing Supply in Caernarvon Township, PA

How many homes are available in Caernarvon Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Caernarvon Township real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Caernarvon Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 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 Caernarvon Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Caernarvon Township in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Caernarvon Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days17 Days-52.8%

Summary: Homes in Caernarvon Township had an average of 17 days on market in Oct 2024, down by 52.8% compared to last year.

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 Caernarvon Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Caernarvon Township; 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 Caernarvon Township, PA

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