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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Herminie is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Herminie was a Seller's Market.

Key Takeaway

Herminie 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 Herminie, PA

How much do homes in Herminie, PA cost?

Median Sold Price

$158,700

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$59,950(+60.7%)

Key Takeaway

Homes in Herminie have sold for 60.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $98.7K$158.7K
+60.7%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Herminie housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 60.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Herminie, PA

How many homes are available in Herminie, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
56+20.0%

Summary: The Herminie real estate market had 6 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 02
+100.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Herminie 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

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 Herminie, 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 Herminie in November 2024, down by 50.0% 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 Herminie, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
50 Days20 Days-60.4%

Summary: Homes in Herminie had an average of 20 days on market in Nov 2024, down by 60.4% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Herminie; 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 22 Days Ago

Newest Listings in Herminie, PA

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