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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kempton is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Kempton, PA

How much do homes in Kempton, PA cost?

Median Sold Price

$345,000

$170/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$10,000(-2.8%)

Key Takeaway

Homes in Kempton have sold for 2.8% less than they did a month ago.

Summary: The median home sold price in Kempton was $345,000 in October 2024, down 2.8% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $382.5K$345K
-9.8%
4 $345K-
N/A
5+ --
N/A

Summary: Kempton 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 did not change, 3 bedroom homes decreased by 9.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Weisenberg Township
+16.7%
Kempton
-2.8%
Albany Township
-40.5%

Housing Supply in Kempton, PA

How many homes are available in Kempton, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
129-25.0%

Summary: The Kempton real estate market had 9 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 84
-50.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Kempton 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 decreased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kempton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Kempton in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Kempton, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
9 Days35 Days+269.8%

Summary: Homes in Kempton had an average of 35 days on market in Oct 2024, up by 269.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kempton has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Kempton; 25% of homes were sold within 30 days, 75% 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

Newest Listings in Kempton, PA

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