Is Pine Township, 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 Township was a Neutral Market.
Key Takeaway
Pine Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Township, PA
How much do homes in Pine Township, PA cost?
Median Sold Price
$335,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Key Takeaway
Homes in Pine Township have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Pine Township was $335,000 in November 2024, down 1.2% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $130K | N/A |
| 2 Bedrooms | $232.7K | $135K | -42.0% |
| 3 Bedrooms | $300K | $315K | +5.0% |
| 4 Bedrooms | $443K | $427.5K | -3.5% |
| 5+ Bedrooms | $525K | $487.5K | -7.1% |
Summary: Pine Township 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 decreased by 42%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Mercer Township | $201K | $237.5K | +18.2% |
| Grove City | $204K | $212.2K | +4.0% |
| Pine Township | $339K | $335K | -1.2% |
Housing Supply in Pine Township, PA
How many homes are available in Pine Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Summary: The Pine Township real estate market had 5 homes for sale in November 2024, a 50.0% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 6 | 2 | -66.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Pine Township 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 remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Pine Township in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pine Township, PA
How long does it take to sell a home in Pine Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 6 Days | -53.8% |
Summary: Homes in Pine Township had an average of 6 days on market in Nov 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Pine Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
