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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Locust Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Locust Township, PA

How much do homes in Locust Township, PA cost?

Median Sold Price

$165,000

$45/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$123,000(-42.7%)

Key Takeaway

Homes in Locust Township have sold for 42.7% less than they did a month ago.

Summary: The median home sold price in Locust Township was $165,000 in September 2024, down 42.7% from last month, and the median price per square foot was $45.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $288K-
N/A
4 -$165K
N/A
5+ --
N/A

Summary: Locust Township housing prices by bedroom type for September 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Elysburg
+14.9%
Locust Township
-42.7%

Housing Supply in Locust Township, PA

How many homes are available in Locust Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
42-50.0%

Summary: The Locust Township real estate market had 2 homes for sale in September 2024, a 50.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Locust Township housing inventory by bedroom type for September 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 Locust Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Locust Township in September 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Locust Township, PA

We’re sorry, we don't have information for this market at the moment

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

Report Updated Sep 1, 2024

Newest Listings in Locust Township, PA

Nearby Markets to Locust Township, PA

What housing markets are near Locust Township, PA?