$570 Closing Credit*
$48,000
2,126 SqFt
4 Beds
•2 Full Baths
Nancy Rathbun, Listing Office: Howard Hanna Professionals - Smethport
Is Eldred, 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, Eldred has remained a Buyer's Market.
Key Takeaway
Eldred is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Eldred, PA
How much do homes in Eldred, PA cost?
Median Sold Price
$56,000
$53/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$101,000(-64.3%)
Key Takeaway
Homes in Eldred have sold for 64.3% less than they did a month ago.
Summary: The median home sold price in Eldred was $56,000 in October 2024, down 64.3% from last month, and the median price per square foot was $53.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $56K | N/A |
| 3 Bedrooms | $157K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Eldred housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Eldred | $157K | $56K | -64.3% |
| Eldred Township | $157K | $56K | -64.3% |
Housing Supply in Eldred, PA
How many homes are available in Eldred, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Eldred real estate market had 12 homes for sale in October 2024, a 14.3% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Eldred 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 decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eldred, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Eldred in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Eldred, PA
How long does it take to sell a home in Eldred, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 24 Days | +33.3% |
Summary: Homes in Eldred had an average of 24 days on market in Oct 2024, up by 33.3% compared to last month.
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
Key Takeaway
Many homes in Eldred are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Eldred; 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.
