Is Gordonville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gordonville is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Gordonville, PA

How much do homes in Gordonville, PA cost?

Median Sold Price

$396,500

$198/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$214,500(-35.1%)

Key Takeaway

Homes in Gordonville have sold for 35.1% less than they did a month ago.

Summary: The median home sold price in Gordonville was $396,500 in October 2024, down 35.1% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $611K-
N/A
3 -$258K
N/A
4 -$535K
N/A
5+ --
N/A

Summary: Gordonville 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ronks
-9.0%
Leacock Township
-25.9%
Gordonville
-35.1%

Housing Supply in Gordonville, PA

How many homes are available in Gordonville, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The Gordonville real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 11
0.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The Gordonville 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Gordonville, 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 Gordonville in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Gordonville, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
6 Days12 Days+108.3%

Summary: Homes in Gordonville had an average of 12 days on market in Oct 2024, up by 108.3% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Gordonville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Gordonville, PA

Nearby Markets to Gordonville, PA