$825 Closing Credit*
$69,500
Tiffany Sander McKenzie, Listing Office: Howard Hanna Real Estate Services
Is Raccoon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Raccoon Township has remained a Seller's Market.
Key Takeaway
Raccoon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Raccoon Township, PA
How much do homes in Raccoon Township, PA cost?
Median Sold Price
$357,500
$172/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$157,500(+78.8%)
Key Takeaway
Homes in Raccoon Township have sold for 78.8% more than they did a month ago.
Summary: The median home sold price in Raccoon Township was $357,500 in November 2024, up 78.8% from last month, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | - | N/A |
| 3 Bedrooms | - | $357.5K | N/A |
| 4 Bedrooms | $282.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Raccoon 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Raccoon Township, PA
How many homes are available in Raccoon Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Raccoon Township real estate market had 6 homes for sale in November 2024, a 25.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Raccoon 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 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Raccoon Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Raccoon Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Raccoon Township, PA
How long does it take to sell a home in Raccoon Township, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 3 Days | -82.2% |
Summary: Homes in Raccoon Township had an average of 3 days on market in Nov 2024, down by 82.2% compared to last month.
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 Raccoon Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Raccoon 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.
