$2,255 Closing Credit*
$189,900
2 Beds
•2 Full Baths
Sarah Clark, Listing Office: Howard Hanna Real Estate Services
Is North Franklin Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, North Franklin Township has remained a Seller's Market.
Key Takeaway
North Franklin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Franklin Township, PA
How much do homes in North Franklin Township, PA cost?
Median Sold Price
$228,500
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,500(+9.3%)
Key Takeaway
Homes in North Franklin Township have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in North Franklin Township was $228,500 in October 2024, up 9.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63K | - | N/A |
| 2 Bedrooms | $149.9K | $158K | +5.4% |
| 3 Bedrooms | $217.5K | $216.5K | -0.5% |
| 4 Bedrooms | $252.5K | $322K | +27.5% |
| 5+ Bedrooms | $160K | $556K | +247.5% |
Summary: North Franklin Township 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 increased by 5.4%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes increased by 247.5%.
Median Sold Price Compared To Nearby Cities
| North Franklin Township | $209K | $228.5K | +9.3% |
| Washington | $215K | $228.1K | +6.1% |
| Canton Township | $220.1K | $225K | +2.2% |
| Amwell Township | $275K | $278K | +1.1% |
| South Strabane Township | $269.5K | $268.5K | -0.4% |
Housing Supply in North Franklin Township, PA
How many homes are available in North Franklin Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The North Franklin Township real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North Franklin Township 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 increased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North Franklin Township, 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 North Franklin Township in October 2024, the same as the previous 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 North Franklin Township, PA
How long does it take to sell a home in North Franklin Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 65 Days | +131.0% |
Summary: Homes in North Franklin Township had an average of 65 days on market in Oct 2024, up by 131% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Franklin Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in North Franklin Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
