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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Allen Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, East Allen Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Allen Township, PA

How much do homes in East Allen Township, PA cost?

Median Sold Price

$409,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$39,000(+10.5%)

Key Takeaway

Homes in East Allen Township have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in East Allen Township was $409,000 in November 2024, up 10.5% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $459.4K$530K
+15.3%
3 $359.9K$314K
-12.8%
4 $370K$585K
+58.1%
5+ $825K$612.5K
-25.8%

Summary: East Allen 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 15.3%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 58.1%, and 5+ bedroom homes decreased by 25.8%.

Median Sold Price Compared To Nearby Cities

Allen Township
+17.6%
East Allen Township
+10.5%
Bath
+9.4%
Hanover Township
+5.0%
Moore Township
+1.0%

Housing Supply in East Allen Township, PA

How many homes are available in East Allen Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1718+5.9%

Summary: The East Allen Township real estate market had 18 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 119
-18.2%
4 35
+66.7%
5+ 00
0.0%

Summary: The East Allen 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 increased by 33.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Allen Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in East Allen Township in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.

Days on Market for East Allen Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days22 Days-52.8%

Summary: Homes in East Allen Township had an average of 22 days on market in Nov 2024, down by 52.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in East Allen Township; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 East Allen Township, PA

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