$4,572 Closing Credit*
$385,000
1,621 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Real Estate
Is Jim Thorpe, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Jim Thorpe has remained a Seller's Market.
Key Takeaway
Jim Thorpe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jim Thorpe, PA
How much do homes in Jim Thorpe, PA cost?
Median Sold Price
$287,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,000(+4.4%)
Key Takeaway
Homes in Jim Thorpe have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Jim Thorpe was $287,000 in November 2024, up 4.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $205K | N/A |
| 2 Bedrooms | $169.9K | $203.1K | +19.5% |
| 3 Bedrooms | $275K | $278K | +1.1% |
| 4 Bedrooms | $289K | $335K | +15.9% |
| 5+ Bedrooms | $297.5K | $331K | +11.3% |
Summary: Jim Thorpe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
| Mahoning Township | $296K | $324.9K | +9.8% |
| Jim Thorpe | $275K | $287K | +4.4% |
| Nesquehoning | $160K | $159.9K | 0% |
| Franklin Township | $280K | $280K | 0.0% |
Housing Supply in Jim Thorpe, PA
How many homes are available in Jim Thorpe, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 44 | -13.7% |
Summary: The Jim Thorpe real estate market had 44 homes for sale in November 2024, a 13.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 1 | -80.0% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Jim Thorpe housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 80%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jim Thorpe, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Jim Thorpe in November 2024, down by 23.1% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for Jim Thorpe, PA
How long does it take to sell a home in Jim Thorpe, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 115 Days | 75 Days | -34.2% |
Summary: Homes in Jim Thorpe had an average of 75 days on market in Nov 2024, down by 34.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jim Thorpe has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Jim Thorpe; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
