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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Royalton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Royalton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Royalton, PA

How much do homes in Royalton, PA cost?

Median Sold Price

$195,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,000(+62.5%)

Key Takeaway

Homes in Royalton have sold for 62.5% more than they did a year ago.

Summary: The median home sold price in Royalton was $195,000 in November 2024, up 62.5% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $95K$194.9K
+105.2%
3 $120K$195K
+62.5%
4 $170K$208K
+22.4%
5+ --
N/A

Summary: Royalton 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 105.2%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Royalton
+62.5%
Londonderry Township
+10.5%
Middletown
+8.8%

Housing Supply in Royalton, PA

How many homes are available in Royalton, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Royalton real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 32
-33.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Royalton 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Royalton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Royalton in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Royalton, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days13 Days-70.7%

Summary: Homes in Royalton had an average of 13 days on market in Nov 2024, down by 70.7% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Royalton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Royalton; 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 2 Days Ago

Newest Listings in Royalton, PA