$3,194 Closing Credit*
$269,000
2,070 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lori Miller, Listing Office: Ronnie Martin Realty, Inc.
Is Fort Loudon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Fort Loudon was a Seller's Market.
Key Takeaway
Fort Loudon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fort Loudon, PA
How much do homes in Fort Loudon, PA cost?
Median Sold Price
$172,250
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$76,750(-30.8%)
Key Takeaway
Homes in Fort Loudon have sold for 30.8% less than they did a year ago.
Summary: The median home sold price in Fort Loudon was $172,250 in August 2024, down 30.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $175K | $192K | +9.7% |
| 3 Bedrooms | $310K | $145K | -53.2% |
| 4 Bedrooms | $400K | $129.7K | -67.6% |
| 5+ Bedrooms | $172K | - | N/A |
Summary: Fort Loudon 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 9.7%, 3 bedroom homes decreased by 53.2%, 4 bedroom homes decreased by 67.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saint Thomas | $303K | $239K | -21.1% |
| Fort Loudon | $249K | $172.2K | -30.8% |
Housing Supply in Fort Loudon, PA
How many homes are available in Fort Loudon, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Fort Loudon real estate market had 12 homes for sale in August 2024, a 7.7% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fort Loudon housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Loudon, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Fort Loudon in August 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Fort Loudon, PA
How long does it take to sell a home in Fort Loudon, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 20 Days | 64 Days | +220.0% |
Summary: Homes in Fort Loudon had an average of 64 days on market in Aug 2024, up by 220% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fort Loudon are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 2 homes were sold in Fort Loudon; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
