$4,928 Closing Credit*
$415,000
1,454 SqFt
2 Beds
•2 Full Baths
Jena Grisafi, Listing Office: Carol C Dorey Real Estate
Is Riegelsville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Riegelsville has remained a Seller's Market.
Key Takeaway
Riegelsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riegelsville, PA
How much do homes in Riegelsville, PA cost?
Median Sold Price
$483,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$84,500(-14.9%)
Key Takeaway
Homes in Riegelsville have sold for 14.9% less than they did a year ago.
Summary: The median home sold price in Riegelsville was $483,000 in November 2024, down 14.9% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $259.9K | N/A |
| 2 Bedrooms | $327K | $340K | +4.0% |
| 3 Bedrooms | $325K | $419K | +28.9% |
| 4 Bedrooms | $664K | $681.2K | +2.6% |
| 5+ Bedrooms | $600K | $840K | +40.0% |
Summary: Riegelsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 28.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 40%.
Median Sold Price Compared To Nearby Cities
| Holland Township | $435K | $542.5K | +24.7% |
| Williams Township | $398K | $481K | +20.9% |
| Riegelsville | $567.5K | $483K | -14.9% |
Housing Supply in Riegelsville, PA
How many homes are available in Riegelsville, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Riegelsville real estate market had 14 homes for sale in November 2024, a 16.7% increase 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 | 3 | +200.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Riegelsville 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 increased by 200%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riegelsville, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Riegelsville in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 16 Days | +305.0% |
Summary: Homes in Riegelsville had an average of 16 days on market in Nov 2024, up by 305% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Riegelsville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Riegelsville; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
