Is Rices Landing, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rices Landing is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Rices Landing has remained a Buyer's Market.

Key Takeaway

Rices Landing is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rices Landing, PA

How much do homes in Rices Landing, PA cost?

Median Sold Price

$20,100

$22/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$209,900(-91.3%)

Key Takeaway

Homes in Rices Landing have sold for 91.3% less than they did a month ago.

Summary: The median home sold price in Rices Landing was $20,100 in November 2024, down 91.3% from last month, and the median price per square foot was $22.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$20.1K
N/A
4 $230K-
N/A
5+ --
N/A

Summary: Rices Landing 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.

Median Sold Price Compared To Nearby Cities

Cumberland Township
+4.3%
Rices Landing
-91.3%

Housing Supply in Rices Landing, PA

How many homes are available in Rices Landing, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
98-11.1%

Summary: The Rices Landing real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 55
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Rices Landing 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rices Landing, 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 Rices Landing in November 2024, the same as the previous 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 Rices Landing, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
49 Days13 Days-73.5%

Summary: Homes in Rices Landing had an average of 13 days on market in Nov 2024, down by 73.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rices Landing are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Rices Landing; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Rices Landing, PA

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