$1,306 Closing Credit*
$110,000
1,550 SqFt
3 Beds
•1 Full Bath, 1 Partial
Missy Rupp, Listing Office: Rupp Real Estate Pc
Is Punxsutawney, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Punxsutawney has remained a Seller's Market.
Key Takeaway
Punxsutawney is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Punxsutawney, PA
How much do homes in Punxsutawney, PA cost?
Median Sold Price
$160,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$66,544(+71.2%)
Key Takeaway
Homes in Punxsutawney have sold for 71.2% more than they did a year ago.
Summary: The median home sold price in Punxsutawney was $160,000 in October 2024, up 71.2% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | $87K | +148.6% |
| 3 Bedrooms | $86.5K | $198.5K | +129.5% |
| 4 Bedrooms | $138.5K | $146K | +5.5% |
| 5+ Bedrooms | $152.7K | - | N/A |
Summary: Punxsutawney housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 148.6%, 3 bedroom homes increased by 129.5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes did not change.
Housing Supply in Punxsutawney, PA
How many homes are available in Punxsutawney, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Punxsutawney real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Punxsutawney housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Punxsutawney, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Punxsutawney in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Punxsutawney, PA
How long does it take to sell a home in Punxsutawney, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 181 Days | 128 Days | -29.3% |
Summary: Homes in Punxsutawney had an average of 128 days on market in Oct 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Punxsutawney are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Punxsutawney; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
