$1,009 Closing Credit*
$85,000
1,154 SqFt
2 Beds
•1 Full Bath
Lynae Solomon, Listing Office: Lifeventure Buy Choice Homes
Is Knoxville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Knoxville was a Buyer's Market.
Key Takeaway
Knoxville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 November 2023
+$18,000(+33.0%)
Key Takeaway
Homes in Knoxville have sold for 33% more than they did a year ago.
Summary: The median home sold price in Knoxville was $72,500 in November 2024, up 33% from last year, and the median price per square foot was $53.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $42K | $52K | +23.8% |
| 3 Bedrooms | $45K | $83K | +84.4% |
| 4 Bedrooms | $50K | $87K | +73.8% |
| 5+ Bedrooms | $60K | $146.3K | +143.9% |
Summary: Knoxville 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 23.8%, 3 bedroom homes increased by 84.4%, 4 bedroom homes increased by 73.8%, and 5+ bedroom homes increased by 143.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Mount Oliver Borough | $67.2K | $102K | +51.8% |
| Knoxville | $54.5K | $72.5K | +33.0% |
| Carrick | $115K | $140K | +21.7% |
Housing Supply in Knoxville, PA
How many homes are available in Knoxville, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Knoxville real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Knoxville housing inventory by bedroom type for November 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 remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Knoxville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Knoxville in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 7 Days | -65.9% |
Summary: Homes in Knoxville had an average of 7 days on market in Nov 2024, down by 65.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were 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 November 2024, 3 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.
