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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Stanton is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, New Stanton was a Seller's Market.

Key Takeaway

New Stanton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in New Stanton, PA

How much do homes in New Stanton, PA cost?

Median Sold Price

$274,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,000(+9.6%)

Key Takeaway

Homes in New Stanton have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in New Stanton was $274,000 in October 2024, up 9.6% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $152.9K-
N/A
3 $250K$230.5K
-7.8%
4 $307K$338K
+10.1%
5+ --
N/A

Summary: New Stanton 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 did not change, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Youngwood
+23.4%
New Stanton
+9.6%
Hempfield Township
+6.4%

Housing Supply in New Stanton, PA

How many homes are available in New Stanton, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1921+10.5%

Summary: The New Stanton real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 89
+12.5%
4 910
+11.1%
5+ 22
0.0%

Summary: The New Stanton 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 increased by 12.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Stanton, 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 Stanton in October 2024, the same as the previous 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 Stanton, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days6 Days-35.0%

Summary: Homes in New Stanton had an average of 6 days on market in Oct 2024, down by 35% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in New Stanton; 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.

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 Stanton, PA

Nearby Markets to New Stanton, PA

What housing markets are near New Stanton, PA?