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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centre Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Centre Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Centre Township, PA

How much do homes in Centre Township, PA cost?

Median Sold Price

$407,500

$147/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$110,000(+37.0%)

Key Takeaway

Homes in Centre Township have sold for 37% more than they did a month ago.

Summary: The median home sold price in Centre Township was $407,500 in October 2024, up 37% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $304K$265K
-12.8%
4 $240K$550K
+129.2%
5+ --
N/A

Summary: Centre Township housing prices by bedroom type for October 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 decreased by 12.8%, 4 bedroom homes increased by 129.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Centre Township
+37.0%
Mohrsville
+35.6%

Housing Supply in Centre Township, PA

How many homes are available in Centre Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
62-66.7%

Summary: The Centre Township real estate market had 2 homes for sale in October 2024, a 66.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 41
-75.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Centre 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 decreased by 75%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Centre Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Centre Township, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
16 Days5 Days-69.2%

Summary: Homes in Centre Township had an average of 5 days on market in Oct 2024, down by 69.2% compared to last month.

Breakdown of Home Sale Times

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

Summary: During October 2024, 2 homes were sold in Centre 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 16 Days Ago

Newest Listings in Centre Township, PA

Nearby Markets to Centre Township, PA