$2,671 Closing Credit*
$224,900
1,732 SqFt
3 Beds
•1 Full Bath
Karlie Olivia Klopp, Listing Office: Keller Williams Platinum Realty - Wyomissing
Is Richland, 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, Richland has remained a Seller's Market.
Key Takeaway
Richland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Richland, PA
How much do homes in Richland, PA cost?
Median Sold Price
$289,995
$86/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$81,995(+39.4%)
Key Takeaway
Homes in Richland have sold for 39.4% more than they did a month ago.
Summary: The median home sold price in Richland was $289,995 in November 2024, up 39.4% from last month, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | - | N/A |
| 3 Bedrooms | $221K | $364.9K | +65.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $215K | N/A |
Summary: Richland 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 65.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Richland, PA
How many homes are available in Richland, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Summary: The Richland real estate market had 6 homes for sale in November 2024, a 45.5% 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 | 7 | 4 | -42.9% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Richland 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 decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Richland, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Richland in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Richland, PA
How long does it take to sell a home in Richland, PA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 7 Days | -53.1% |
Summary: Homes in Richland had an average of 7 days on market in Nov 2024, down by 53.1% 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 Richland are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Richland; 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.
