$1,366 Closing Credit*
$115,000
1,740 SqFt
3 Beds
•2 Full Baths
Kimberly Neigh, Listing Office: Berkshire Hathaway The Preferred Realty
Is Punxsutawney, 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, Punxsutawney was a Seller's Market.
Key Takeaway
Punxsutawney is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Punxsutawney, PA
How much do homes in Punxsutawney, PA cost?
Median Sold Price
$150,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,766(+59.2%)
Key Takeaway
Homes in Punxsutawney have sold for 59.2% more than they did a year ago.
Summary: The median home sold price in Punxsutawney was $150,000 in November 2024, up 59.2% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | $83.5K | +138.6% |
| 3 Bedrooms | $93.4K | $192K | +105.4% |
| 4 Bedrooms | $138.5K | $143K | +3.3% |
| 5+ Bedrooms | $152.7K | - | N/A |
Summary: Punxsutawney 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 increased by 138.6%, 3 bedroom homes increased by 105.4%, 4 bedroom homes increased by 3.3%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The Punxsutawney real estate market had 21 homes for sale in November 2024, a 5.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Punxsutawney 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 14.3%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Punxsutawney, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Punxsutawney in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 98 Days | 8 Days | -91.9% |
Summary: Homes in Punxsutawney had an average of 8 days on market in Nov 2024, down by 91.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 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 November 2024, 2 homes were sold in Punxsutawney; 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.
