Is Jersey Shore, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jersey Shore is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jersey Shore has remained a Seller's Market.

Key Takeaway

Jersey Shore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jersey Shore, PA

How much do homes in Jersey Shore, PA cost?

Median Sold Price

$1,168,300

$168/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$855,300(+273.3%)

Key Takeaway

Homes in Jersey Shore have sold for 273.3% more than they did a month ago.

Summary: The median home sold price in Jersey Shore was $1,168,300 in December 2024, up 273.3% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $313K-
N/A
4 --
N/A
5+ -$1.1M
N/A

Summary: Jersey Shore housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Jersey Shore, PA

How many homes are available in Jersey Shore, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4639-15.2%

Summary: The Jersey Shore real estate market had 39 homes for sale in December 2024, a 15.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2220
-9.1%
4 1612
-25.0%
5+ 43
-25.0%

Summary: The Jersey Shore housing inventory by bedroom type for December 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 9.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
127-41.7%

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 - buyer100%

Key Takeaway

If you're buying a home in Jersey Shore, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Jersey Shore in December 2024, down by 41.7% 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 Jersey Shore, PA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
27 Days181 Days+558.2%

Summary: Homes in Jersey Shore had an average of 181 days on market in Dec 2024, up by 558.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times100%

Key Takeaway

Most homes in Jersey Shore are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 7 homes were sold in Jersey Shore; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 8 Days Ago

Newest Listings in Jersey Shore, PA

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