Is Powelton, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Powelton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Powelton was a Buyer's Market.

Key Takeaway

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

Housing Prices in Powelton, PA

How much do homes in Powelton, PA cost?

Median Sold Price

$256,300

$180/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$145,700(-36.2%)

Key Takeaway

Homes in Powelton have sold for 36.2% less than they did a month ago.

Summary: The median home sold price in Powelton was $256,300 in December 2024, down 36.2% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$105K
N/A
3 -$262.6K
N/A
4 $402K$530K
+31.8%
5+ -$250K
N/A

Summary: Powelton housing prices by bedroom type for December 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 did not change, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Dunlap
+4.9%
Powelton
-36.2%

Housing Supply in Powelton, PA

How many homes are available in Powelton, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2019-5.0%

Summary: The Powelton real estate market had 19 homes for sale in December 2024, a 5.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 44
0.0%
5+ 87
-12.5%

Summary: The Powelton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 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 Powelton, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Powelton in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Powelton, PA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
32 Days52 Days+64.8%

Summary: Homes in Powelton had an average of 52 days on market in Dec 2024, up by 64.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Powelton has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Powelton; 25% of homes were sold within 30 days, 75% 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 6 Days Ago

Newest Listings in Powelton, PA

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