Is Riegelsville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riegelsville is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Riegelsville, PA

How much do homes in Riegelsville, PA cost?

Median Sold Price

$550,000

$136/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$100,000(+22.2%)

Key Takeaway

Homes in Riegelsville have sold for 22.2% more than they did a month ago.

Summary: The median home sold price in Riegelsville was $550,000 in October 2024, up 22.2% from last month, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $450K-
N/A
4 --
N/A
5+ -$550K
N/A

Summary: Riegelsville housing prices by bedroom type for October 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 Riegelsville, PA

How many homes are available in Riegelsville, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
812+50.0%

Summary: The Riegelsville real estate market had 12 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 46
+50.0%
4 12
+100.0%
5+ 22
0.0%

Summary: The Riegelsville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riegelsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

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

Days on Market for Riegelsville, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days17 Days-37.0%

Summary: Homes in Riegelsville had an average of 17 days on market in Oct 2024, down by 37% 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 Riegelsville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Riegelsville; 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 20 Days Ago

Newest Listings in Riegelsville, PA

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