$65,000
0.16 Acres
Land
Serena Riedel, Listing Office: Howard Hanna Real Estate Services - Lancaster
Is Parkesburg, 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, 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
$305,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$35,000(-10.3%)
Key Takeaway
Homes in Parkesburg have sold for 10.3% less than they did a year ago.
Summary: The median home sold price in Parkesburg was $305,000 in November 2024, down 10.3% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167K | $292.5K | +75.1% |
| 3 Bedrooms | $300K | $294.5K | -1.8% |
| 4 Bedrooms | $392.5K | $412K | +5.0% |
| 5+ Bedrooms | $350K | $425K | +21.4% |
Summary: Parkesburg 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 75.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Cities
| Sadsbury Township | $334.6K | $354K | +5.8% |
| Parkesburg | $340K | $305K | -10.3% |
Housing Supply in Parkesburg, PA
How many homes are available in Parkesburg, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Parkesburg real estate market had 14 homes for sale in November 2024, a 16.7% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Parkesburg 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parkesburg, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Parkesburg in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 30 Days | +80.0% |
Summary: Homes in Parkesburg had an average of 30 days on market in Nov 2024, up by 80% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Parkesburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Parkesburg; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
