$3,561 Closing Credit*
$299,900
2,700 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jessica R Watson, Listing Office: Mullen Realty Associates
Is Pine Grove, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pine Grove was a Seller's Market.
Key Takeaway
Pine Grove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pine Grove, PA
How much do homes in Pine Grove, PA cost?
Median Sold Price
$224,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,500(+3.0%)
Key Takeaway
Homes in Pine Grove have sold for 3% more than they did a year ago.
Summary: The median home sold price in Pine Grove was $224,000 in November 2024, up 3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $141.7K | $50K | -64.7% |
| 2 Bedrooms | $175K | $169K | -3.4% |
| 3 Bedrooms | $233K | $260K | +11.6% |
| 4 Bedrooms | $339.9K | $323.5K | -4.8% |
| 5+ Bedrooms | $508.7K | $311.9K | -38.7% |
Summary: Pine Grove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.7%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 38.7%.
Median Sold Price Compared To Nearby Cities
| Pine Grove | $217.5K | $224K | +3.0% |
| Pine Grove Township | $234K | $224K | -4.3% |
Housing Supply in Pine Grove, PA
How many homes are available in Pine Grove, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The Pine Grove real estate market had 17 homes for sale in November 2024, a 26.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Pine Grove 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 remained the same, 3 bedroom homes decreased by 30.8%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 2 | -77.8% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Grove, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Pine Grove in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Pine Grove, PA
How long does it take to sell a home in Pine Grove, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 42 Days | +507.1% |
Summary: Homes in Pine Grove had an average of 42 days on market in Nov 2024, up by 507.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Grove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Pine Grove; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
