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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Side is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

East Side is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in East Side, PA

How much do homes in East Side, PA cost?

Median Sold Price

$143,450

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,950(+12.5%)

Key Takeaway

Homes in East Side have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in East Side was $143,450 in October 2024, up 12.5% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $101K$116.5K
+15.3%
3 $141.5K$144.9K
+2.4%
4 $145K$145K
0.0%
5+ $117K$150K
+28.2%

Summary: East Side 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 increased by 15.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 28.2%.

Median Sold Price Compared To Nearby Neighborhoods

East Side
+12.5%
Northeast
+8.0%
Veterans Memorial Park
+3.8%
East York
+3.7%
Valley View
+1.3%

Housing Supply in East Side, PA

How many homes are available in East Side, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3430-11.8%

Summary: The East Side real estate market had 30 homes for sale in October 2024, a 11.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1618
+12.5%
4 106
-40.0%
5+ 53
-40.0%

Summary: The East Side 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 Side, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in East Side in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for East Side, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days8 Days-60.0%

Summary: Homes in East Side had an average of 8 days on market in Oct 2024, down by 60% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in East Side; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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