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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catasauqua is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Catasauqua is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Catasauqua, PA

How much do homes in Catasauqua, PA cost?

Median Sold Price

$291,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$43,050(+17.4%)

Key Takeaway

Homes in Catasauqua have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in Catasauqua was $291,000 in November 2024, up 17.4% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$113K
N/A
2 $166K$200K
+20.5%
3 $230K$237.5K
+3.3%
4 $467.9K$560.7K
+19.8%
5+ $255K$295K
+15.7%

Summary: Catasauqua 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 20.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 15.7%.

Median Sold Price Compared To Nearby Cities

North Catasauqua
+29.6%
Allen Township
+17.6%
Catasauqua
+17.4%
Hanover Township
+4.6%
Whitehall
+3.2%

Housing Supply in Catasauqua, PA

How many homes are available in Catasauqua, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5840-31.0%

Summary: The Catasauqua real estate market had 40 homes for sale in November 2024, a 31.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 12
+100.0%
3 2417
-29.2%
4 2515
-40.0%
5+ 53
-40.0%

Summary: The Catasauqua 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 100%, 3 bedroom homes decreased by 29.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
246-75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catasauqua, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Catasauqua in November 2024, down by 75.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Catasauqua, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days14 Days-54.5%

Summary: Homes in Catasauqua had an average of 14 days on market in Nov 2024, down by 54.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were 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 Catasauqua are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Catasauqua; 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 21 Days Ago

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