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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakland Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Oakland Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Oakland Township, PA

How much do homes in Oakland Township, PA cost?

Median Sold Price

$245,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$10,000(-3.9%)

Key Takeaway

Homes in Oakland Township have sold for 3.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$245K
N/A
4 --
N/A
5+ $255K-
N/A

Summary: Oakland Township 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oakland Township, PA

How many homes are available in Oakland Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The Oakland Township real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 01
+100.0%
5+ 10
-100.0%

Summary: The Oakland 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakland Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Oakland Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
44 Days91 Days+106.8%

Summary: Homes in Oakland Township had an average of 91 days on market in Nov 2024, up by 106.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Oakland Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in Oakland Township, PA

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