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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duncansville is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Duncansville, PA

How much do homes in Duncansville, PA cost?

Median Sold Price

$236,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$11,000(+4.9%)

Key Takeaway

Homes in Duncansville have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Duncansville was $236,000 in December 2024, up 4.9% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $132.6K$101.5K
-23.5%
3 $222.6K$228.7K
+2.7%
4 $315K$400K
+27.0%
5+ $650K$599K
-7.8%

Summary: Duncansville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Cities

Duncansville
+4.9%
Blair Township
-2.2%

Housing Supply in Duncansville, PA

How many homes are available in Duncansville, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3031+3.3%

Summary: The Duncansville real estate market had 31 homes for sale in December 2024, a 3.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 1214
+16.7%
4 78
+14.3%
5+ 44
0.0%

Summary: The Duncansville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duncansville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Duncansville in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Duncansville, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
69 Days38 Days-43.8%

Summary: Homes in Duncansville had an average of 38 days on market in Dec 2024, down by 43.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Duncansville; 75% of homes were sold within 30 days, 25% 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 4 Days Ago

Newest Listings in Duncansville, PA

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