$3,324 Closing Credit*
$279,900
1,976 SqFt
5 Beds
•2 Full Baths
Pamela Gothard, Listing Office: RE/MAX Real Estate-Allentown
Is East Penn Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, East Penn Township has remained a Seller's Market.
Key Takeaway
East Penn Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Penn Township, PA
How much do homes in East Penn Township, PA cost?
Median Sold Price
$147,150
$135/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$222,850(-60.2%)
Key Takeaway
Homes in East Penn Township have sold for 60.2% less than they did a month ago.
Summary: The median home sold price in East Penn Township was $147,150 in November 2024, down 60.2% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $370K | $185K | -50.0% |
| 4 Bedrooms | - | $109.3K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: East Penn Township 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 50%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in East Penn Township, PA
How many homes are available in East Penn Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The East Penn Township real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Penn 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 remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Penn Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Penn Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Penn Township, PA
How long does it take to sell a home in East Penn Township, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 11 Days | -33.7% |
Summary: Homes in East Penn Township had an average of 11 days on market in Nov 2024, down by 33.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Penn Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in East Penn Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
