Is Pike County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pike County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Pike County was a Seller's Market.

Key Takeaway

Pike County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pike County, PA

How much do homes in Pike County, PA cost?

Median Sold Price

$215,000

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$75,000(-25.9%)

Key Takeaway

Homes in Pike County have sold for 25.9% less than they did a month ago.

Summary: The median home sold price in Pike County was $215,000 in November 2024, down 25.9% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $180K$385K
+113.9%
3 $305K$207.5K
-32.0%
4 $210K$232.5K
+10.7%
5+ $350K$280K
-20.0%

Summary: Pike County 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 increased by 113.9%, 3 bedroom homes decreased by 32%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 20%.

Housing Supply in Pike County, PA

How many homes are available in Pike County, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6150-18.0%

Summary: The Pike County real estate market had 50 homes for sale in November 2024, a 18.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 711
+57.1%
3 3023
-23.3%
4 148
-42.9%
5+ 98
-11.1%

Summary: The Pike County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 57.1%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

7 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 Pike County, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Pike County in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Pike County, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
67 Days100 Days+50.0%

Summary: Homes in Pike County had an average of 100 days on market in Nov 2024, up by 50% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pike County has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Pike County; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% 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 Pike County, PA

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What housing markets are near Pike County, PA?