$1,781 Closing Credit*
$150,000
1,344 SqFt
2 Beds
•3 Full Baths
Tracey Jones, Listing Office: Hostetter Realty LLC
Is Narvon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Narvon has remained a Seller's Market.
Key Takeaway
Narvon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Narvon, PA
How much do homes in Narvon, PA cost?
Median Sold Price
$420,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,050(+14.1%)
Key Takeaway
Homes in Narvon have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Narvon was $420,000 in October 2024, up 14.1% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $475K | +46.2% |
| 3 Bedrooms | $344K | $420K | +22.1% |
| 4 Bedrooms | $427.5K | $432.5K | +1.2% |
| 5+ Bedrooms | $632K | $180K | -71.5% |
Summary: Narvon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 71.5%.
Median Sold Price Compared To Nearby Cities
| Narvon | $367.9K | $420K | +14.1% |
| Caernarvon Township | $401.5K | $425K | +5.9% |
| Brecknock Township | $360K | $375K | +4.2% |
| East Earl Township | $397.5K | $412.5K | +3.8% |
| East Earl | $395K | $395K | 0.0% |
Housing Supply in Narvon, PA
How many homes are available in Narvon, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Narvon real estate market had 8 homes for sale in October 2024, a 33.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Narvon 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 remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Narvon, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Narvon in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Narvon, PA
How long does it take to sell a home in Narvon, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 18 Days | -50.0% |
Summary: Homes in Narvon had an average of 18 days on market in Oct 2024, down by 50% 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
Key Takeaway
Many homes in Narvon are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Narvon; 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.
