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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Georges Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Georges Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Georges Township, PA

How much do homes in Georges Township, PA cost?

Median Sold Price

$221,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,100(+10.6%)

Key Takeaway

Homes in Georges Township have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Georges Township was $221,000 in October 2024, up 10.6% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$115K
N/A
2 $120K$94K
-21.7%
3 $205K$285K
+39.0%
4 $225K$117.5K
-47.8%
5+ $430K-
N/A

Summary: Georges Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.7%, 3 bedroom homes increased by 39%, 4 bedroom homes decreased by 47.8%, and 5+ bedroom homes did not change.

Housing Supply in Georges Township, PA

How many homes are available in Georges Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The Georges Township real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 54
-20.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Georges 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Georges Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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

Days on Market for Georges Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days92 Days+249.1%

Summary: Homes in Georges Township had an average of 92 days on market in Oct 2024, up by 249.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Georges Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Georges Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in Georges Township, PA

Nearby Markets to Georges Township, PA

What housing markets are near Georges Township, PA?