$5,926 Closing Credit*
$499,000
1,504 SqFt
3 Beds
•2 Full Baths
Stephanie Troiani, Listing Office: RMXP01 - RE/MAX of the Poconos
Is Long Pond, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Long Pond has remained a Buyer's Market.
Key Takeaway
Long Pond is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Long Pond, PA
How much do homes in Long Pond, PA cost?
Median Sold Price
$305,000
$216/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$10,000(-3.2%)
Key Takeaway
Homes in Long Pond have sold for 3.2% less than they did a month ago.
Summary: The median home sold price in Long Pond was $305,000 in October 2024, down 3.2% from last month, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $210K | -2.3% |
| 3 Bedrooms | - | $305K | N/A |
| 4 Bedrooms | $415K | $345K | -16.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Long Pond 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 decreased by 2.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pocono Summit | $375K | $510K | +36.0% |
| Long Pond | $315K | $305K | -3.2% |
Housing Supply in Long Pond, PA
How many homes are available in Long Pond, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Long Pond real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Long Pond 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 decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Long Pond, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Long Pond in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 122 Days | 22 Days | -82.0% |
Summary: Homes in Long Pond had an average of 22 days on market in Oct 2024, down by 82% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Long Pond are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Long Pond; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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.