$5,224 Closing Credit*
$439,900
3,008 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stefanie Tarloski, Listing Office: Star Superior, LLC
Is Gap, 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, Gap has remained a Seller's Market.
Key Takeaway
Gap is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gap, PA
How much do homes in Gap, PA cost?
Median Sold Price
$404,750
$220/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$19,750(+5.1%)
Key Takeaway
Homes in Gap have sold for 5.1% more than they did a month ago.
Summary: The median home sold price in Gap was $404,750 in November 2024, up 5.1% from last month, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $361.5K | $329.5K | -8.9% |
| 4 Bedrooms | $465K | $480K | +3.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Gap housing prices by bedroom type for November 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 decreased by 8.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kinzers | $315K | $387.5K | +23.0% |
| Gap | $385K | $404.7K | +5.1% |
Housing Supply in Gap, PA
How many homes are available in Gap, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Summary: The Gap real estate market had 6 homes for sale in November 2024, a 53.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Gap housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gap, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Gap in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Gap, PA
How long does it take to sell a home in Gap, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 7 Days | -80.0% |
Summary: Homes in Gap had an average of 7 days on market in Nov 2024, down by 80% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gap are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Gap; 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.
