$1,544 Closing Credit*
$130,000
816 SqFt
2 Beds
•1 Full Bath
Jeffrey L George, Listing Office: Exit Preferred Realty
Is Orrtanna, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Orrtanna has remained a Seller's Market.
Key Takeaway
Orrtanna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orrtanna, PA
How much do homes in Orrtanna, PA cost?
Median Sold Price
$331,250
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$71,250(+27.4%)
Key Takeaway
Homes in Orrtanna have sold for 27.4% more than they did a year ago.
Summary: The median home sold price in Orrtanna was $331,250 in November 2024, up 27.4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | - | N/A |
| 2 Bedrooms | $220.5K | $295.7K | +34.1% |
| 3 Bedrooms | $267.5K | $331.2K | +23.8% |
| 4 Bedrooms | $260K | $447.4K | +72.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Orrtanna 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 increased by 34.1%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 72.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Orrtanna | $260K | $331.2K | +27.4% |
| Franklin Township | $232.8K | $269.9K | +15.9% |
| Hamiltonban Township | $290K | $305K | +5.2% |
| Fayetteville | $280K | $285K | +1.8% |
Housing Supply in Orrtanna, PA
How many homes are available in Orrtanna, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Orrtanna real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orrtanna 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 decreased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 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 Orrtanna, 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 Orrtanna in November 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 Orrtanna, PA
How long does it take to sell a home in Orrtanna, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 6 Days | -62.7% |
Summary: Homes in Orrtanna had an average of 6 days on market in Nov 2024, down by 62.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orrtanna are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Orrtanna; 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.
