Is New Alexandria, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Alexandria is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, New Alexandria was a Neutral Market.

Key Takeaway

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

Housing Prices in New Alexandria, PA

How much do homes in New Alexandria, PA cost?

Median Sold Price

$285,000

$158/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$218,104(-43.4%)

Key Takeaway

Homes in New Alexandria have sold for 43.4% less than they did a month ago.

Summary: The median home sold price in New Alexandria was $285,000 in October 2024, down 43.4% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $503.1K$189K
-62.4%
4 -$337.5K
N/A
5+ --
N/A

Summary: New Alexandria 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 did not change, 3 bedroom homes decreased by 62.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in New Alexandria, PA

How many homes are available in New Alexandria, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
79+28.6%

Summary: The New Alexandria real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 35
+66.7%
5+ 00
0.0%

Summary: The New Alexandria 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 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 New Alexandria, 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 New Alexandria in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for New Alexandria, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
14 Days24 Days+76.2%

Summary: Homes in New Alexandria had an average of 24 days on market in Oct 2024, up by 76.2% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in New Alexandria; 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.

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

Report Updated 16 Days Ago

Newest Listings in New Alexandria, PA

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