Is Nesquehoning, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nesquehoning is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Nesquehoning has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Nesquehoning, PA

How much do homes in Nesquehoning, PA cost?

Median Sold Price

$159,950

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$50(0%)

Key Takeaway

The sold price of homes in Nesquehoning has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $99.9K$140.5K
+40.6%
3 $170K$159.9K
-5.9%
4 $252.2K$169.9K
-32.6%
5+ $85.2K$170.9K
+100.5%

Summary: Nesquehoning 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 40.6%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 32.6%, and 5+ bedroom homes increased by 100.5%.

Median Sold Price Compared To Nearby Cities

Summit Hill
+15.0%
Lansford
+8.9%
Jim Thorpe
+4.4%
Nesquehoning
0%

Housing Supply in Nesquehoning, PA

How many homes are available in Nesquehoning, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The Nesquehoning real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 76
-14.3%
4 22
0.0%
5+ 21
-50.0%

Summary: The Nesquehoning 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nesquehoning, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Nesquehoning in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Nesquehoning, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days19 Days+120.0%

Summary: Homes in Nesquehoning had an average of 19 days on market in Nov 2024, up by 120% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Nesquehoning; 60% of homes were sold within 30 days, 40% 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 17 Days Ago

Newest Listings in Nesquehoning, PA

Nearby Markets to Nesquehoning, PA