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 Last Month

Since last month, 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

$218,000

$204/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$41,500(-16.0%)

Key Takeaway

Homes in Point Township have sold for 16% less than they did a month ago.

Summary: The median home sold price in Point Township was $218,000 in October 2024, down 16% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $135K$254.5K
+88.5%
3 $329.7K$189.5K
-42.5%
4 $311K-
N/A
5+ --
N/A

Summary: Point 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 increased by 88.5%, 3 bedroom homes decreased by 42.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Point Township, PA

How many homes are available in Point Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1912-36.8%

Summary: The Point Township real estate market had 12 homes for sale in October 2024, a 36.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 116
-45.5%
4 22
0.0%
5+ 33
0.0%

Summary: The Point 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 66.7%, 3 bedroom homes decreased by 45.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Point Township in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Point Township, PA

We’re sorry, we don't have information for this market at the moment

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 Point Township, PA

Nearby Markets to Point Township, PA

What housing markets are near Point Township, PA?