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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pocono Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Pocono Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Pocono Township, PA

How much do homes in Pocono Township, PA cost?

Median Sold Price

$330,000

$161/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$42,500(+14.8%)

Key Takeaway

Homes in Pocono Township have sold for 14.8% more than they did a month ago.

Summary: The median home sold price in Pocono Township was $330,000 in October 2024, up 14.8% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $213.7K-
N/A
3 $319K$330K
+3.4%
4 --
N/A
5+ --
N/A

Summary: Pocono 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 increased by 3.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tannersville
+24.3%
Pocono Township
+14.8%

Housing Supply in Pocono Township, PA

How many homes are available in Pocono Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2120-4.8%

Summary: The Pocono Township real estate market had 20 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 52
-60.0%
3 66
0.0%
4 88
0.0%
5+ 24
+100.0%

Summary: The Pocono 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 decreased by 60%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Pocono Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pocono Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Pocono Township, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
21 Days22 Days+3.1%

Summary: Homes in Pocono Township had an average of 22 days on market in Oct 2024, up by 3.1% 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 Pocono Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Pocono 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 16 Days Ago

Newest Listings in Pocono Township, PA

Nearby Markets to Pocono Township, PA

What housing markets are near Pocono Township, PA?