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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hawthorne is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Hawthorne has remained a Neutral Market.

Key Takeaway

Hawthorne 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 Hawthorne, PA

How much do homes in Hawthorne, PA cost?

Median Sold Price

$495,000

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.0%)

Key Takeaway

Homes in Hawthorne have sold for 1% more than they did a year ago.

Summary: The median home sold price in Hawthorne was $495,000 in October 2024, up 1% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $279K$314K
+12.5%
2 $390K$455K
+16.7%
3 $550K$603.5K
+9.7%
4 $675K$893.2K
+32.3%
5+ $357.4K$1.2M
+255.3%

Summary: Hawthorne housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes increased by 255.3%.

Median Sold Price Compared To Nearby Neighborhoods

Bella Vista
+15.1%
Hawthorne
+1.0%
Schuylkill / Graduate Hospital
+0.7%
Washington Square West
-0.8%
Center City
-2.6%

Housing Supply in Hawthorne, PA

How many homes are available in Hawthorne, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18180.0%

Summary: The Hawthorne real estate market had 18 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 46
+50.0%
3 75
-28.6%
4 44
0.0%
5+ 00
0.0%

Summary: The Hawthorne 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 increased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were 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 Hawthorne, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Hawthorne in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hawthorne, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days17 Days-68.2%

Summary: Homes in Hawthorne had an average of 17 days on market in Oct 2024, down by 68.2% compared to last year.

Breakdown of Home Sale Times

3 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 Hawthorne are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Hawthorne; 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 17 Days Ago

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