$570 Closing Credit*
$48,000
850 SqFt
2 Beds
•1 Full Bath
Daniel Demers, Listing Office: Sell Your Home Services
Is Knoxville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Knoxville was a Neutral Market.
Key Takeaway
Knoxville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Knoxville, PA
How much do homes in Knoxville, PA cost?
Median Sold Price
$72,500
$53/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+31.8%)
Key Takeaway
Homes in Knoxville have sold for 31.8% more than they did a year ago.
Summary: The median home sold price in Knoxville was $72,500 in October 2024, up 31.8% from last year, and the median price per square foot was $53.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $40.2K | $56K | +39.1% |
| 3 Bedrooms | $60K | $85K | +41.7% |
| 4 Bedrooms | $54K | $89K | +64.7% |
| 5+ Bedrooms | $55K | $127.5K | +131.8% |
Summary: Knoxville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.1%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 64.7%, and 5+ bedroom homes increased by 131.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Knoxville | $55K | $72.5K | +31.8% |
| Carrick | $114.9K | $140K | +21.8% |
| Allentown | $69.3K | $67K | -3.4% |
Housing Supply in Knoxville, PA
How many homes are available in Knoxville, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Summary: The Knoxville real estate market had 14 homes for sale in October 2024, a 40.0% 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 | 2 | 5 | +150.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Knoxville 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 increased by 150%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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
Key Takeaway
If you're buying a home in Knoxville, 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 Knoxville in October 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 Knoxville, PA
How long does it take to sell a home in Knoxville, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 151 Days | 3 Days | -98.0% |
Summary: Homes in Knoxville had an average of 3 days on market in Oct 2024, down by 98% compared to last year.
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
Key Takeaway
Many homes in Knoxville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Knoxville; 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.
