$8,312 Closing Credit*
$699,995
2,086 SqFt
4 Beds
•2 Full Baths, 1 Partial
Giorgi Kandorelashvili, Listing Office: Noble Realty Group
Is Long Pond, 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, Long Pond was a Neutral Market.
Key Takeaway
Long Pond is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Long Pond, PA
How much do homes in Long Pond, PA cost?
Median Sold Price
$327,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,050(+9.0%)
Key Takeaway
Homes in Long Pond have sold for 9% more than they did a year ago.
Summary: The median home sold price in Long Pond was $327,000 in November 2024, up 9% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.9K | $210K | +23.6% |
| 3 Bedrooms | $261.2K | $337.5K | +29.2% |
| 4 Bedrooms | $324.9K | $345K | +6.2% |
| 5+ Bedrooms | $525K | $420K | -20.0% |
Summary: Long Pond 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 23.6%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Cities
| Long Pond | $299.9K | $327K | +9.0% |
| Tunkhannock Township | $289.9K | $280K | -3.4% |
Housing Supply in Long Pond, PA
How many homes are available in Long Pond, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 22 | -18.5% |
Summary: The Long Pond real estate market had 22 homes for sale in November 2024, a 18.5% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Long Pond 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 remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Long Pond, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Long Pond in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Long Pond, PA
How long does it take to sell a home in Long Pond, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 75 Days | +101.3% |
Summary: Homes in Long Pond had an average of 75 days on market in Nov 2024, up by 101.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Long Pond are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Long Pond; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.