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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Effort is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Effort, PA

How much do homes in Effort, PA cost?

Median Sold Price

$330,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,500(+1.7%)

Key Takeaway

Homes in Effort have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Effort was $330,000 in November 2024, up 1.7% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $199.9K-
N/A
3 $315K$322.5K
+2.4%
4 $350K$365K
+4.3%
5+ $435K$325K
-25.3%

Summary: Effort 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 did not change, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 25.3%.

Median Sold Price Compared To Nearby Cities

Chestnuthill Township
+3.9%
Polk Township
+2.0%
Effort
+1.7%

Housing Supply in Effort, PA

How many homes are available in Effort, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The Effort real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 78
+14.3%
4 55
0.0%
5+ 52
-60.0%

Summary: The Effort 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 increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Effort, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Effort in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Effort, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days10 Days-62.5%

Summary: Homes in Effort had an average of 10 days on market in Nov 2024, down by 62.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Effort are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Effort; 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 17 Days Ago

Newest Listings in Effort, PA

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