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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Pine Township was a Buyer's 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

$445,000

$153/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$91,000(+25.7%)

Key Takeaway

Homes in Pine Township have sold for 25.7% more than they did a month ago.

Summary: The median home sold price in Pine Township was $445,000 in October 2024, up 25.7% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $354K$430K
+21.5%
5+ -$500K
N/A

Summary: Pine Township 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 did not change, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes did not change.

Housing Supply in Pine Township, PA

How many homes are available in Pine Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
910+11.1%

Summary: The Pine Township real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 01
+100.0%
4 66
0.0%
5+ 22
0.0%

Summary: The Pine Township 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Pine Township in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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

Sep 2024Oct 2024CHANGE
31 Days47 Days+53.5%

Summary: Homes in Pine Township had an average of 47 days on market in Oct 2024, up by 53.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Pine Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

Newest Listings in Pine Township, PA

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