$3,633 Closing Credit*
$305,900
1,628 SqFt
3 Beds
•1 Full Bath, 1 Partial
Chris L Leiphart, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Hallam, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hallam has remained a Seller's Market.
Key Takeaway
Hallam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hallam, PA
How much do homes in Hallam, PA cost?
Median Sold Price
$220,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$22,000(-9.1%)
Key Takeaway
Homes in Hallam have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Hallam was $220,000 in November 2024, down 9.1% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $185K | $145K | -21.6% |
| 3 Bedrooms | $238.5K | $209K | -12.4% |
| 4 Bedrooms | $248.5K | $292.5K | +17.7% |
| 5+ Bedrooms | - | $260K | N/A |
Summary: Hallam 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 21.6%, 3 bedroom homes decreased by 12.4%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hallam | $242K | $220K | -9.1% |
| Hellam Township | $325K | $287.5K | -11.5% |
Housing Supply in Hallam, PA
How many homes are available in Hallam, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Summary: The Hallam real estate market had 4 homes for sale in November 2024, a 50.0% 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hallam 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
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 Hallam, 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 Hallam in November 2024, down by 33.3% 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 Hallam, PA
How long does it take to sell a home in Hallam, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 14 Days | +13.7% |
Summary: Homes in Hallam had an average of 14 days on market in Nov 2024, up by 13.7% compared to last year.
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 Hallam are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Hallam; 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.
