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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, New Stanton was a Buyer's Market.

Key Takeaway

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

Housing Prices in New Stanton, PA

How much do homes in New Stanton, PA cost?

Median Sold Price

$247,500

$249/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$2,500(-1.0%)

Key Takeaway

Homes in New Stanton have sold for 1% less than they did a month ago.

Summary: The median home sold price in New Stanton was $247,500 in November 2024, down 1% from last month, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $250K$185K
-26.0%
4 -$310K
N/A
5+ --
N/A

Summary: New Stanton housing prices by bedroom type for November 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 26%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in New Stanton, PA

How many homes are available in New Stanton, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2219-13.6%

Summary: The New Stanton real estate market had 19 homes for sale in November 2024, a 13.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 108
-20.0%
4 109
-10.0%
5+ 22
0.0%

Summary: The New Stanton 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 20%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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 4 homes were sold or pending in New Stanton in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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 2024Nov 2024CHANGE
6 Days99 Days+1426.9%

Summary: Homes in New Stanton had an average of 99 days on market in Nov 2024, up by 1426.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in New Stanton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in New Stanton; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 New Stanton, PA

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