$1,721 Closing Credit*
$144,900
1,176 SqFt
3 Beds
•1 Full Bath
Ivan Vega I, Listing Office: JRHeller.com LLC
Is Northeast, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Northeast was a Neutral Market.
Key Takeaway
Northeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast, PA
How much do homes in Northeast, PA cost?
Median Sold Price
$105,000
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,750(+8.0%)
Key Takeaway
Homes in Northeast have sold for 8% more than they did a year ago.
Summary: The median home sold price in Northeast was $105,000 in October 2024, up 8% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $139.9K | N/A |
| 2 Bedrooms | $60K | $96.5K | +60.8% |
| 3 Bedrooms | $88.5K | $114.9K | +29.8% |
| 4 Bedrooms | $116.2K | $92.4K | -20.4% |
| 5+ Bedrooms | $130.5K | $125K | -4.2% |
Summary: Northeast 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 60.8%, 3 bedroom homes increased by 29.8%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes decreased by 4.2%.
Housing Supply in Northeast, PA
How many homes are available in Northeast, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Summary: The Northeast real estate market had 19 homes for sale in October 2024, a 26.7% increase 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 | 6 | 7 | +16.7% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Northeast 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 increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Northeast in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Northeast, PA
How long does it take to sell a home in Northeast, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 39 Days | +218.4% |
Summary: Homes in Northeast had an average of 39 days on market in Oct 2024, up by 218.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northeast are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Northeast; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
