$949 Closing Credit*
$79,900
1,404 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX of Reading
Is New Ringgold, 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, New Ringgold was a Seller's Market.
Key Takeaway
New Ringgold is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in New Ringgold, PA
How much do homes in New Ringgold, PA cost?
Median Sold Price
$310,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,250(-3.5%)
Key Takeaway
Homes in New Ringgold have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in New Ringgold was $310,000 in November 2024, down 3.5% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165.9K | $219K | +32.0% |
| 3 Bedrooms | $330K | $310K | -6.1% |
| 4 Bedrooms | $390K | $340K | -12.8% |
| 5+ Bedrooms | $290K | - | N/A |
Summary: New Ringgold 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 32%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes did not change.
Housing Supply in New Ringgold, PA
How many homes are available in New Ringgold, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Summary: The New Ringgold real estate market had 12 homes for sale in November 2024, a 25.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 2 | -66.7% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Ringgold 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Ringgold, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in New Ringgold in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for New Ringgold, PA
How long does it take to sell a home in New Ringgold, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 33 Days | -16.5% |
Summary: Homes in New Ringgold had an average of 33 days on market in Nov 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Ringgold are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in New Ringgold; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
