Is Parkesburg, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkesburg is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Parkesburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Parkesburg, PA

How much do homes in Parkesburg, PA cost?

Median Sold Price

$310,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$19,900(-6.0%)

Key Takeaway

Homes in Parkesburg have sold for 6% less than they did a year ago.

Summary: The median home sold price in Parkesburg was $310,000 in December 2024, down 6% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $199.7K$316.5K
+58.4%
3 $300K$295K
-1.7%
4 $395K$405.5K
+2.7%
5+ $350K$425K
+21.4%

Summary: Parkesburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Cities

Sadsbury Township
+0.9%
Parkesburg
-6.0%

Housing Supply in Parkesburg, PA

How many homes are available in Parkesburg, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
148-42.9%

Summary: The Parkesburg real estate market had 8 homes for sale in December 2024, a 42.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 116
-45.5%
4 21
-50.0%
5+ 11
0.0%

Summary: The Parkesburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 45.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkesburg, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Parkesburg in December 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Parkesburg, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days43 Days+80.0%

Summary: Homes in Parkesburg had an average of 43 days on market in Dec 2024, up by 80% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 5 homes were sold in Parkesburg; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

Newest Listings in Parkesburg, PA

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