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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Point Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Point Township has remained a Seller's Market.

Key Takeaway

Point Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Point Township, PA

How much do homes in Point Township, PA cost?

Median Sold Price

$183,850

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,150(-0.6%)

Key Takeaway

Homes in Point Township have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Point Township was $183,850 in November 2024, down 0.6% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $155.7K$147.2K
-5.5%
3 $182.5K$209.7K
+14.9%
4 $327.5K$330K
+0.8%
5+ $200K-
N/A

Summary: Point 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 5.5%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Point Township
-0.6%
Northumberland
-6.8%

Housing Supply in Point Township, PA

How many homes are available in Point Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Point Township real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 108
-20.0%
4 24
+100.0%
5+ 22
0.0%

Summary: The Point 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 decreased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Point Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Point Township in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Point Township, PA

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

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Point Township; 17% 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.

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 Point Township, PA

Nearby Markets to Point Township, PA

What housing markets are near Point Township, PA?