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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kunkletown is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kunkletown was a Seller's Market.

Key Takeaway

Kunkletown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kunkletown, PA

How much do homes in Kunkletown, PA cost?

Median Sold Price

$302,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,550(+6.9%)

Key Takeaway

Homes in Kunkletown have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Kunkletown was $302,000 in November 2024, up 6.9% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $216.2K$151.8K
-29.8%
3 $275K$293.5K
+6.7%
4 $344.9K$390K
+13.0%
5+ $329.9K$425K
+28.8%

Summary: Kunkletown 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 decreased by 29.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 28.8%.

Median Sold Price Compared To Nearby Cities

Kunkletown
+6.9%
Polk Township
+2.0%

Housing Supply in Kunkletown, PA

How many homes are available in Kunkletown, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2623-11.5%

Summary: The Kunkletown real estate market had 23 homes for sale in November 2024, a 11.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 1412
-14.3%
4 87
-12.5%
5+ 23
+50.0%

Summary: The Kunkletown 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kunkletown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kunkletown in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Kunkletown, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days19 Days-1.5%

Summary: Homes in Kunkletown had an average of 19 days on market in Nov 2024, down by 1.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kunkletown are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Kunkletown; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Kunkletown, PA

Nearby Markets to Kunkletown, PA

What housing markets are near Kunkletown, PA?