$3,858 Closing Credit*
$324,900
2,156 SqFt
4 Beds
•1 Full Bath
Paul Snyder, Listing Office: Highland Realty Group LLC
Is Hallam, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hallam was a Seller's Market.
Key Takeaway
Hallam 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 Hallam, PA
How much do homes in Hallam, PA cost?
Median Sold Price
$228,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,397(+2.9%)
Key Takeaway
Homes in Hallam have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Hallam was $228,500 in October 2024, up 2.9% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $185K | $162.4K | -12.2% |
| 3 Bedrooms | $202K | $212.5K | +5.2% |
| 4 Bedrooms | $262.4K | $280K | +6.7% |
| 5+ Bedrooms | - | $260K | N/A |
Summary: Hallam 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 12.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hallam | $222.1K | $228.5K | +2.9% |
| Hellam Township | $308K | $275K | -10.7% |
Housing Supply in Hallam, PA
How many homes are available in Hallam, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Hallam real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hallam 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hallam, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Hallam in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 3 Days | -30.8% |
Summary: Homes in Hallam had an average of 3 days on market in Oct 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 October 2024, 1 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.
