Is Centre Hall, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centre Hall is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Centre Hall was a Buyer's Market.

Key Takeaway

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

Housing Prices in Centre Hall, PA

How much do homes in Centre Hall, PA cost?

Median Sold Price

$432,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$60,000(+16.1%)

Key Takeaway

Homes in Centre Hall have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Centre Hall was $432,500 in November 2024, up 16.1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $274.5K$440K
+60.3%
3 $299.7K$330K
+10.1%
4 $498.9K$490.8K
-1.6%
5+ $402.5K$850K
+111.2%

Summary: Centre Hall 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 60.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 111.2%.

Housing Supply in Centre Hall, PA

How many homes are available in Centre Hall, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
22220.0%

Summary: The Centre Hall real estate market had 22 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 11
0.0%
3 1113
+18.2%
4 97
-22.2%
5+ 11
0.0%

Summary: The Centre Hall 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 18.2%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centre Hall, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Centre Hall in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Centre Hall, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days15 Days-76.9%

Summary: Homes in Centre Hall had an average of 15 days on market in Nov 2024, down by 76.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Centre Hall; 75% of homes were sold within 30 days, 25% 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 2 Days Ago

Newest Listings in Centre Hall, PA

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