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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duncannon is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Duncannon was a Buyer's Market.

Key Takeaway

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

Housing Prices in Duncannon, PA

How much do homes in Duncannon, PA cost?

Median Sold Price

$189,900

$146/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$79,700(-29.6%)

Key Takeaway

Homes in Duncannon have sold for 29.6% less than they did a month ago.

Summary: The median home sold price in Duncannon was $189,900 in November 2024, down 29.6% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$370K
N/A
3 $229.7K$175K
-23.8%
4 -$246K
N/A
5+ $360K-
N/A

Summary: Duncannon housing prices by bedroom type for November 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 23.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Duncannon, PA

How many homes are available in Duncannon, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2721-22.2%

Summary: The Duncannon real estate market had 21 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1613
-18.8%
4 86
-25.0%
5+ 10
-100.0%

Summary: The Duncannon 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 remained the same, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duncannon, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Duncannon in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for Duncannon, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days24 Days+63.6%

Summary: Homes in Duncannon had an average of 24 days on market in Nov 2024, up by 63.6% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Duncannon; 57% of homes were sold within 30 days, 43% 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 17 Days Ago

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