$34,900
0.50 Acres
Land
#SC5374, Listing Office: EXP Realty LLC
Is Falls Township, 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, Falls Township has remained a Seller's Market.
Key Takeaway
Falls Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Falls Township, PA
How much do homes in Falls Township, PA cost?
Median Sold Price
$240,000
$240/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$190,000(+380.0%)
Key Takeaway
Homes in Falls Township have sold for 380% more than they did a month ago.
Summary: The median home sold price in Falls Township was $240,000 in December 2024, up 380% from last month, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $240K | N/A |
| 4 Bedrooms | $50K | - | N/A |
| 5+ Bedrooms | $545K | - | N/A |
Summary: Falls Township housing prices by bedroom type for December 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
| Falls Township | $50K | $240K | +380.0% |
| Overfield Township | $160.2K | $149K | -7.0% |
| Newton Township | $345.5K | $209K | -39.5% |
Housing Supply in Falls Township, PA
How many homes are available in Falls Township, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Summary: The Falls Township real estate market had 4 homes for sale in December 2024, a 50.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Falls Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Falls 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 Falls Township in December 2024, down by 66.7% 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 Falls Township, PA
How long does it take to sell a home in Falls Township, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 3 Days | -87.3% |
Summary: Homes in Falls Township had an average of 3 days on market in Dec 2024, down by 87.3% 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 Falls Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Falls 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.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.