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

Last month, Rices Landing was a Neutral 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

$258,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$237,900(+1183.6%)

Key Takeaway

Homes in Rices Landing have sold for 1183.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $20.1K$258K
+1183.6%
4 --
N/A
5+ --
N/A

Summary: Rices Landing housing prices by bedroom type for December 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 1183.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rices Landing
+1183.6%
Jefferson Township
+1183.6%
Cumberland Township
-11.4%

Housing Supply in Rices Landing, PA

How many homes are available in Rices Landing, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
79+28.6%

Summary: The Rices Landing real estate market had 9 homes for sale in December 2024, a 28.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 54
-20.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Rices Landing housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rices Landing, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rices Landing in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2024Dec 2024CHANGE
13 Days45 Days+246.2%

Summary: Homes in Rices Landing had an average of 45 days on market in Dec 2024, up by 246.2% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rices Landing has remained consistent over time.

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

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

Report Updated 4 Days Ago

Newest Listings in Rices Landing, PA

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What housing markets are near Rices Landing, PA?