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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grindstone is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Grindstone was a Seller's Market.

Key Takeaway

Grindstone 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 Grindstone, PA

How much do homes in Grindstone, PA cost?

Median Sold Price

$154,000

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$61,500(+66.5%)

Key Takeaway

Homes in Grindstone have sold for 66.5% more than they did a year ago.

Summary: The median home sold price in Grindstone was $154,000 in November 2024, up 66.5% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$295K
N/A
2 $93K$87.5K
-5.9%
3 $140.5K$84.9K
-39.5%
4 $52K$157K
+201.9%
5+ --
N/A

Summary: Grindstone 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 5.9%, 3 bedroom homes decreased by 39.5%, 4 bedroom homes increased by 201.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grindstone
+66.5%
Brownsville Township
+45.5%
Jefferson Township
+28.0%
Redstone Township
+17.3%

Housing Supply in Grindstone, PA

How many homes are available in Grindstone, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
67+16.7%

Summary: The Grindstone real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 11
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Grindstone 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grindstone, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Grindstone in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Grindstone, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days96 Days+336.4%

Summary: Homes in Grindstone had an average of 96 days on market in Nov 2024, up by 336.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Grindstone are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Grindstone; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in Grindstone, PA

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