$3,859 Closing Credit*
$325,000
1,500 SqFt
3 Beds
•3 Full Baths
Listing Office: Keller Williams Real Estate
Is Polk 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, Polk Township was a Seller's Market.
Key Takeaway
Polk Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Polk Township, PA
How much do homes in Polk Township, PA cost?
Median Sold Price
$305,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,000(+2.0%)
Key Takeaway
Homes in Polk Township have sold for 2% more than they did a year ago.
Summary: The median home sold price in Polk Township was $305,000 in November 2024, up 2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $196K | $151.8K | -22.5% |
| 3 Bedrooms | $260.3K | $293.5K | +12.7% |
| 4 Bedrooms | $379K | $412.5K | +8.8% |
| 5+ Bedrooms | $359.9K | $385K | +7.0% |
Summary: Polk 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 22.5%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
| Kunkletown | $282.4K | $302K | +6.9% |
| Polk Township | $299K | $305K | +2.0% |
| Effort | $324.5K | $330K | +1.7% |
Housing Supply in Polk Township, PA
How many homes are available in Polk Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Polk Township real estate market had 18 homes for sale in November 2024, a 10.0% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Polk 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
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 Polk 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 Polk Township in November 2024, down by 87.5% 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 Polk Township, PA
How long does it take to sell a home in Polk Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 10 Days | -48.1% |
Summary: Homes in Polk Township had an average of 10 days on market in Nov 2024, down by 48.1% 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 Polk Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Polk 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.
