$5,641 Closing Credit*
$475,000
2,221 SqFt
4 Beds
•1 Full Bath
Bonnie Houck, Listing Office: Berkshire Hathaway The Preferred Realty
Is Rayne 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, Rayne Township has remained a Seller's Market.
Key Takeaway
Rayne Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rayne Township, PA
How much do homes in Rayne Township, PA cost?
Median Sold Price
$246,887
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$10,887(+4.6%)
Key Takeaway
Homes in Rayne Township have sold for 4.6% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $194.5K | $246.8K | +26.9% |
| 4 Bedrooms | $330K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Rayne 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 26.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Home | $125.5K | $270.4K | +115.5% |
| Rayne Township | $236K | $246.8K | +4.6% |
Housing Supply in Rayne Township, PA
How many homes are available in Rayne Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Summary: The Rayne Township real estate market had 5 homes for sale in November 2024, a 37.5% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rayne 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 decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rayne Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Rayne Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Rayne Township, PA
How long does it take to sell a home in Rayne Township, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 41 Days | +24.2% |
Summary: Homes in Rayne Township had an average of 41 days on market in Nov 2024, up by 24.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rayne Township has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Rayne Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
