Is Pine Grove Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Grove Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Pine Grove Township was a Seller's Market.

Key Takeaway

Pine Grove Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pine Grove Township, PA

How much do homes in Pine Grove Township, PA cost?

Median Sold Price

$272,445

$181/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$57,445(+26.7%)

Key Takeaway

Homes in Pine Grove Township have sold for 26.7% more than they did a month ago.

Summary: The median home sold price in Pine Grove Township was $272,445 in November 2024, up 26.7% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $50K-
N/A
2 $182.5K$199.9K
+9.5%
3 $260K$344.9K
+32.7%
4 $195K-
N/A
5+ --
N/A

Summary: Pine Grove Township 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 9.5%, 3 bedroom homes increased by 32.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pine Grove Township, PA

How many homes are available in Pine Grove Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2317-26.1%

Summary: The Pine Grove Township 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

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 139
-30.8%
4 53
-40.0%
5+ 01
+100.0%

Summary: The Pine Grove Township 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 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Grove Township, 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 Township 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 Township, PA

How long does it take to sell a home in Pine Grove Township, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days42 Days+7.1%

Summary: Homes in Pine Grove Township had an average of 42 days on market in Nov 2024, up by 7.1% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Pine Grove Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Pine Grove Township, PA

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