$830 Closing Credit*
$69,900
940 SqFt
3 Beds
•1 Full Bath
Julia Furgiuele, Listing Office: Realty One Group Landmark
Is East Franklin Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Franklin Township has remained a Seller's Market.
Key Takeaway
East Franklin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Franklin Township, PA
How much do homes in East Franklin Township, PA cost?
Median Sold Price
$220,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+2.3%)
Key Takeaway
Homes in East Franklin Township have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in East Franklin Township was $220,000 in October 2024, up 2.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $137.4K | -1.8% |
| 3 Bedrooms | $217.9K | $255K | +17.0% |
| 4 Bedrooms | $430K | $305K | -29.1% |
| 5+ Bedrooms | $148.5K | - | N/A |
Summary: East Franklin Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 29.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| East Franklin Township | $215K | $220K | +2.3% |
| Kittanning | $161.2K | $160.1K | -0.7% |
Housing Supply in East Franklin Township, PA
How many homes are available in East Franklin Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The East Franklin Township real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Franklin Township 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 50%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Franklin Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in East Franklin Township in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for East Franklin Township, PA
How long does it take to sell a home in East Franklin Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 30 Days | +30.5% |
Summary: Homes in East Franklin Township had an average of 30 days on market in Oct 2024, up by 30.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in East Franklin Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in East Franklin Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
