$10,000 Closing Credit*
$1,495,000
4,638 SqFt
4 Beds
•3 Full Baths, 1 Partial
Janice L. Robinson, Listing Office: Long & Foster Real Estate, Inc.
Is Erwinna, 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, Erwinna has remained a Seller's Market.
Key Takeaway
Erwinna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Erwinna, PA
How much do homes in Erwinna, PA cost?
Median Sold Price
$515,000
$320/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$113,750(-18.1%)
Key Takeaway
Homes in Erwinna have sold for 18.1% less than they did a month ago.
Summary: The median home sold price in Erwinna was $515,000 in October 2024, down 18.1% from last month, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $612.5K | - | N/A |
| 3 Bedrooms | - | $515K | N/A |
| 4 Bedrooms | $645K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Erwinna 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
| Kingwood Township | $585K | $646K | +10.4% |
| Erwinna | $628.7K | $515K | -18.1% |
Housing Supply in Erwinna, PA
How many homes are available in Erwinna, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Erwinna real estate market had 3 homes for sale in October 2024, a 25.0% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Erwinna 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 Erwinna, 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 Erwinna in October 2024, down by 50.0% month-over-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 Erwinna, PA
How long does it take to sell a home in Erwinna, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 92 Days | +33.3% |
Summary: Homes in Erwinna had an average of 92 days on market in Oct 2024, up by 33.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Erwinna are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Erwinna; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
