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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ronks is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ronks has remained a Seller's Market.

Key Takeaway

Ronks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ronks, PA

How much do homes in Ronks, PA cost?

Median Sold Price

$371,000

$174/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$36,500(-9.0%)

Key Takeaway

Homes in Ronks have sold for 9% less than they did a month ago.

Summary: The median home sold price in Ronks was $371,000 in October 2024, down 9% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $305K$371K
+21.6%
4 $510K-
N/A
5+ --
N/A

Summary: Ronks 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 increased by 21.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ronks
-9.0%
Leacock Township
-25.9%
Gordonville
-35.1%

Housing Supply in Ronks, PA

How many homes are available in Ronks, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Ronks real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Ronks 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

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 Ronks, 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 Ronks in October 2024, down by 50.0% month-over-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 Ronks, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
23 Days37 Days+60.9%

Summary: Homes in Ronks had an average of 37 days on market in Oct 2024, up by 60.9% 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 Ronks has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Ronks; 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 24 Days Ago

Newest Listings in Ronks, PA

Nearby Markets to Ronks, PA