$5,581 Closing Credit*
$470,000
2,590 SqFt
4 Beds
•4 Full Baths
Adam Conrad, Listing Office: Perry Wellington Realty, LLC
Is College Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, College Township has remained a Seller's Market.
Key Takeaway
College Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in College Township, PA
How much do homes in College Township, PA cost?
Median Sold Price
$402,450
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,450(+7.9%)
Key Takeaway
Homes in College Township have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in College Township was $402,450 in November 2024, up 7.9% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | $169.9K | +27.7% |
| 2 Bedrooms | $248.7K | $290K | +16.6% |
| 3 Bedrooms | $335K | $355K | +6.0% |
| 4 Bedrooms | $449.9K | $560K | +24.5% |
| 5+ Bedrooms | $571K | $585K | +2.5% |
Summary: College Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.7%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Boalsburg | $396.6K | $452K | +14.0% |
| College Township | $373K | $402.4K | +7.9% |
| State College | $399.9K | $399.2K | -0.2% |
Housing Supply in College Township, PA
How many homes are available in College Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 38 | -15.6% |
Summary: The College Township real estate market had 38 homes for sale in November 2024, a 15.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 17 | 12 | -29.4% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The College Township 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 decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 29.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in College Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in College Township in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for College Township, PA
How long does it take to sell a home in College Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 43 Days | +18.5% |
Summary: Homes in College Township had an average of 43 days on market in Nov 2024, up by 18.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in College Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in College Township; 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.
