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 October 2023

Since last year, Paradise Township has remained a Seller'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

$299,990

$165/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Paradise Township has remained the same since last year.

Summary: The median home sold price in Paradise Township was $299,990 in October 2024, the same as last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $267.5K-
N/A
2 $249.9K$264.9K
+6.0%
3 $299.9K$310K
+3.3%
4 $332.5K$223.9K
-32.7%
5+ -$530K
N/A

Summary: Paradise Township 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 6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 32.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Berwick Township
+19.3%
East Berlin
+13.3%
Paradise Township
0.0%

Housing Supply in Paradise Township, PA

How many homes are available in Paradise Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1920+5.3%

Summary: The Paradise Township real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1213
+8.3%
4 57
+40.0%
5+ 10
-100.0%

Summary: The Paradise Township 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 decreased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paradise Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Paradise Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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 2023Oct 2024CHANGE
46 Days19 Days-57.8%

Summary: Homes in Paradise Township had an average of 19 days on market in Oct 2024, down by 57.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Paradise Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Paradise Township; 80% of homes were sold within 30 days, 20% 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 Paradise Township, PA

Nearby Markets to Paradise Township, PA

What housing markets are near Paradise Township, PA?