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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Georges Township was a Buyer's Market.

Key Takeaway

Georges Township 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 Georges Township, PA

How much do homes in Georges Township, PA cost?

Median Sold Price

$252,750

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,750(+23.3%)

Key Takeaway

Homes in Georges Township have sold for 23.3% more than they did a year ago.

Summary: The median home sold price in Georges Township was $252,750 in November 2024, up 23.3% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115K-
N/A
2 $120K$94K
-21.7%
3 $225.4K$290K
+28.6%
4 $225K$117.5K
-47.8%
5+ $430K-
N/A

Summary: Georges Township housing prices by bedroom type for November 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 28.6%, 4 bedroom homes decreased by 47.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Georges Township
+23.3%
South Union Township
+5.3%

Housing Supply in Georges Township, PA

How many homes are available in Georges Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Georges Township real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 32
-33.3%
4 02
+100.0%
5+ 00
0.0%

Summary: The Georges Township 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Georges Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Georges Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
46 Days51 Days+10.9%

Summary: Homes in Georges Township had an average of 51 days on market in Nov 2024, up by 10.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

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

Summary: During November 2024, 1 homes were sold in Georges Township; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in Georges Township, PA

Nearby Markets to Georges Township, PA

What housing markets are near Georges Township, PA?