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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forward Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Forward Township has remained a Seller's Market.

Key Takeaway

Forward Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Forward Township, PA

How much do homes in Forward Township, PA cost?

Median Sold Price

$297,500

$221/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$97,100(+48.5%)

Key Takeaway

Homes in Forward Township have sold for 48.5% more than they did a month ago.

Summary: The median home sold price in Forward Township was $297,500 in October 2024, up 48.5% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $200.4K$297.5K
+48.5%
4 --
N/A
5+ --
N/A

Summary: Forward Township 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 increased by 48.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Forward Township, PA

How many homes are available in Forward Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The Forward Township real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 76
-14.3%
4 12
+100.0%
5+ 00
0.0%

Summary: The Forward Township 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 increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forward Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Forward Township in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Forward Township, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
34 Days23 Days-30.9%

Summary: Homes in Forward Township had an average of 23 days on market in Oct 2024, down by 30.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Forward Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Forward Township; 50% of homes were sold within 30 days, 50% 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 Forward Township, PA

Nearby Markets to Forward Township, PA

What housing markets are near Forward Township, PA?