Is Letterkenny Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Letterkenny Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Letterkenny Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Letterkenny Township, PA

How much do homes in Letterkenny Township, PA cost?

Median Sold Price

$157,500

$82/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$113,800(-41.9%)

Key Takeaway

Homes in Letterkenny Township have sold for 41.9% less than they did a month ago.

Summary: The median home sold price in Letterkenny Township was $157,500 in October 2024, down 41.9% from last month, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $271.3K$157.5K
-41.9%
4 --
N/A
5+ --
N/A

Summary: Letterkenny Township 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 41.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Letterkenny Township, PA

How many homes are available in Letterkenny Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
910+11.1%

Summary: The Letterkenny Township real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 02
+100.0%
5+ 00
0.0%

Summary: The Letterkenny Township 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 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

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 Letterkenny Township, 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 Letterkenny Township in October 2024, up by 100.0% 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 Letterkenny Township, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
15 Days36 Days+140.0%

Summary: Homes in Letterkenny Township had an average of 36 days on market in Oct 2024, up by 140% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Letterkenny Township; 50% of homes were sold within 30 days, 50% 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 Letterkenny Township, PA

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What housing markets are near Letterkenny Township, PA?