$1,057 Closing Credit*
$89,000
1,232 SqFt
3 Beds
•1 Full Bath
Elizabeth Duga Hauck, Listing Office: RE/MAX Real Estate-Allentown
Is Coaldale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Coaldale has remained a Seller's Market.
Key Takeaway
Coaldale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coaldale, PA
How much do homes in Coaldale, PA cost?
Median Sold Price
$102,000
$64/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$18,000(+21.4%)
Key Takeaway
Homes in Coaldale have sold for 21.4% more than they did a year ago.
Summary: The median home sold price in Coaldale was $102,000 in August 2024, up 21.4% from last year, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $57K | $70K | +22.8% |
| 3 Bedrooms | $89.9K | $102K | +13.5% |
| 4 Bedrooms | $116K | $107.5K | -7.3% |
| 5+ Bedrooms | $137.5K | $130K | -5.5% |
Summary: Coaldale housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.8%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Coaldale, PA
How many homes are available in Coaldale, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Coaldale real estate market had 13 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Coaldale housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Coaldale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Coaldale in August 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Coaldale, PA
How long does it take to sell a home in Coaldale, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 34 Days | 44 Days | +29.0% |
Summary: Homes in Coaldale had an average of 44 days on market in Aug 2024, up by 29% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Coaldale are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 4 homes were sold in Coaldale; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
