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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paradise Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Paradise Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Paradise Township, PA

How much do homes in Paradise Township, PA cost?

Median Sold Price

$480,000

$249/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$222,000(+86.0%)

Key Takeaway

Homes in Paradise Township have sold for 86% more than they did a month ago.

Summary: The median home sold price in Paradise Township was $480,000 in November 2024, up 86% from last month, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$377K
N/A
3 $258K$433.7K
+68.1%
4 -$745K
N/A
5+ --
N/A

Summary: Paradise 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 increased by 68.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Paradise Township
+86.0%
Gordonville
+6.6%
Leacock Township
-6.7%

Housing Supply in Paradise Township, PA

How many homes are available in Paradise Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1012+20.0%

Summary: The Paradise Township real estate market had 12 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 11
0.0%
3 57
+40.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Paradise 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paradise Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Paradise Township in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Paradise Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
13 Days39 Days+203.1%

Summary: Homes in Paradise Township had an average of 39 days on market in Nov 2024, up by 203.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Paradise Township has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Paradise Township; 40% of homes were sold within 30 days, 60% 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 24 Days Ago

Newest Listings in Paradise Township, PA

Nearby Markets to Paradise Township, PA