$4,501 Closing Credit*
$379,000
3,996 SqFt
4 Beds
•2 Full Baths, 1 Partial
Joseph Vular, Listing Office: Coldwell Banker Realty
Is Patterson Heights, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Patterson Heights has remained a Seller's Market.
Key Takeaway
Patterson Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Patterson Heights, PA
How much do homes in Patterson Heights, PA cost?
Median Sold Price
$167,000
$97/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$122,000(-42.2%)
Key Takeaway
Homes in Patterson Heights have sold for 42.2% less than they did a month ago.
Summary: The median home sold price in Patterson Heights was $167,000 in October 2024, down 42.2% from last month, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $50K | N/A |
| 3 Bedrooms | $289K | $284K | -1.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Patterson Heights housing prices by bedroom type for October 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 decreased by 1.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Patterson Heights, PA
How many homes are available in Patterson Heights, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Patterson Heights real estate market had 5 homes for sale in October 2024, a 28.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Patterson Heights 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Patterson Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Patterson Heights in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Patterson Heights, PA
How long does it take to sell a home in Patterson Heights, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 131 Days | +718.8% |
Summary: Homes in Patterson Heights had an average of 131 days on market in Oct 2024, up by 718.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Patterson Heights has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Patterson Heights; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
