Is Norwegian Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Norwegian Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Norwegian Township was a Seller's Market.

Key Takeaway

Norwegian Township 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 Norwegian Township, PA

How much do homes in Norwegian Township, PA cost?

Median Sold Price

$289,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$32,500(-10.1%)

Key Takeaway

Homes in Norwegian Township have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in Norwegian Township was $289,000 in November 2024, down 10.1% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$174.9K
N/A
3 $285K$200.7K
-29.6%
4 $430K$408.7K
-5.0%
5+ -$388.5K
N/A

Summary: Norwegian Township 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 did not change, 3 bedroom homes decreased by 29.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pottsville
+13.1%
Minersville
+5.0%
Norwegian Township
-10.1%

Housing Supply in Norwegian Township, PA

How many homes are available in Norwegian Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
56+20.0%

Summary: The Norwegian Township real estate market had 6 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Norwegian Township 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 Norwegian Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Norwegian Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Norwegian Township, PA

How long does it take to sell a home in Norwegian Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
624 Days2 Days-99.7%

Summary: Homes in Norwegian Township had an average of 2 days on market in Nov 2024, down by 99.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Norwegian Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Norwegian Township; 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 20 Days Ago

Newest Listings in Norwegian Township, PA

Nearby Markets to Norwegian Township, PA

What housing markets are near Norwegian Township, PA?