Is Eldred Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eldred Township is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Eldred Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Eldred Township, PA

How much do homes in Eldred Township, PA cost?

Median Sold Price

$115,000

$91/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$25,430(+28.4%)

Key Takeaway

Homes in Eldred Township have sold for 28.4% more than they did a year ago.

Summary: The median home sold price in Eldred Township was $115,000 in August 2024, up 28.4% from last year, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $155K-
N/A
2 $77.5K$100K
+29.0%
3 $110.7K$143.9K
+29.9%
4 $132.5K$122.2K
-7.8%
5+ --
N/A

Summary: Eldred Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 29.9%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes did not change.

Housing Supply in Eldred Township, PA

How many homes are available in Eldred Township, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1215+25.0%

Summary: The Eldred Township real estate market had 15 homes for sale in August 2024, a 25.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 25
+150.0%
3 88
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Eldred Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
01+100.0%

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 Eldred Township, 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 Eldred Township in August 2024, up by 100.0% 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 Eldred Township, PA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
7 Days8 Days+14.3%

Summary: Homes in Eldred Township had an average of 8 days on market in Aug 2024, up by 14.3% 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 Eldred Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 1 homes were sold in Eldred 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.

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

Report Updated 20 Days Ago

Newest Listings in Eldred Township, PA

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