Is Dunbar, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunbar is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Dunbar, PA

How much do homes in Dunbar, PA cost?

Median Sold Price

$121,000

$68/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$6,000(+5.2%)

Key Takeaway

Homes in Dunbar have sold for 5.2% more than they did a month ago.

Summary: The median home sold price in Dunbar was $121,000 in October 2024, up 5.2% from last month, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $110K-
N/A
3 $182K$22.5K
-87.6%
4 $115K$121K
+5.2%
5+ -$260.1K
N/A

Summary: Dunbar 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 87.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.

Housing Supply in Dunbar, PA

How many homes are available in Dunbar, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
116-45.5%

Summary: The Dunbar real estate market had 6 homes for sale in October 2024, a 45.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 43
-25.0%
4 52
-60.0%
5+ 11
0.0%

Summary: The Dunbar 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 decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunbar, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Dunbar in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Dunbar, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
31 Days94 Days+204.3%

Summary: Homes in Dunbar had an average of 94 days on market in Oct 2024, up by 204.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dunbar are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Dunbar; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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

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