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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Potter Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Potter Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Potter Township, PA

How much do homes in Potter Township, PA cost?

Median Sold Price

$529,000

$260/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$149,000(+39.2%)

Key Takeaway

Homes in Potter Township have sold for 39.2% more than they did a month ago.

Summary: The median home sold price in Potter Township was $529,000 in November 2024, up 39.2% from last month, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $380K$541.3K
+42.5%
4 $429.9K$493.7K
+14.8%
5+ --
N/A

Summary: Potter Township housing prices by bedroom type for November 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 42.5%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gregg Township
+159.1%
Potter Township
+39.2%

Housing Supply in Potter Township, PA

How many homes are available in Potter Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23230.0%

Summary: The Potter Township real estate market had 23 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1012
+20.0%
4 1210
-16.7%
5+ 00
0.0%

Summary: The Potter 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Potter Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Potter Township in November 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Potter Township, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days5 Days-46.4%

Summary: Homes in Potter Township had an average of 5 days on market in Nov 2024, down by 46.4% compared to last month.

Breakdown of Home Sale Times

3 Homes Were 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 Potter Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Potter 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Potter Township, PA

Nearby Markets to Potter Township, PA