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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coolbaugh Township is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Coolbaugh Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Coolbaugh Township, PA

How much do homes in Coolbaugh Township, PA cost?

Median Sold Price

$253,750

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,750(+1.5%)

Key Takeaway

Homes in Coolbaugh Township have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Coolbaugh Township was $253,750 in November 2024, up 1.5% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$339.5K
N/A
2 $199.9K$217.9K
+9.0%
3 $250K$245K
-2.0%
4 $275K$313.2K
+13.9%
5+ $330K$379.5K
+15.0%

Summary: Coolbaugh Township 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 9%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 15%.

Housing Supply in Coolbaugh Township, PA

How many homes are available in Coolbaugh Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109106-2.8%

Summary: The Coolbaugh Township real estate market had 106 homes for sale in November 2024, a 2.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 6461
-4.7%
4 2726
-3.7%
5+ 911
+22.2%

Summary: The Coolbaugh 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 11.1%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coolbaugh Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Coolbaugh Township in November 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Coolbaugh Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days55 Days+69.9%

Summary: Homes in Coolbaugh Township had an average of 55 days on market in Nov 2024, up by 69.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Coolbaugh Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 17 Days Ago

Newest Listings in Coolbaugh Township, PA

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