$1,364 Closing Credit*
$114,900
2 Beds
•2 Full Baths, 1 Partial
Cheryl Yeardie, Listing Office: Re/Max Select Realty
Is Hopwood, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hopwood was a Buyer's Market.
Key Takeaway
Hopwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hopwood, PA
How much do homes in Hopwood, PA cost?
Median Sold Price
$180,000
$146/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$10,000(+5.9%)
Key Takeaway
Homes in Hopwood have sold for 5.9% more than they did a month ago.
Summary: The median home sold price in Hopwood was $180,000 in October 2024, up 5.9% from last month, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $175K | +2.9% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $185K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hopwood housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hopwood | $170K | $180K | +5.9% |
| South Union Township | $245K | $190K | -22.4% |
Housing Supply in Hopwood, PA
How many homes are available in Hopwood, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Hopwood real estate market had 8 homes for sale in October 2024, a 14.3% increase 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hopwood 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hopwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hopwood in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Hopwood, PA
How long does it take to sell a home in Hopwood, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 30 Days | -23.1% |
Summary: Homes in Hopwood had an average of 30 days on market in Oct 2024, down by 23.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hopwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Hopwood; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
