Is Ruffs Dale, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruffs Dale is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Ruffs Dale, PA

How much do homes in Ruffs Dale, PA cost?

Median Sold Price

$605,000

$258/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$15,000(-2.4%)

Key Takeaway

Homes in Ruffs Dale have sold for 2.4% less than they did a month ago.

Summary: The median home sold price in Ruffs Dale was $605,000 in October 2024, down 2.4% from last month, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $620K$230.5K
-62.8%
4 -$630K
N/A
5+ --
N/A

Summary: Ruffs Dale 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 decreased by 62.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ruffs Dale, PA

How many homes are available in Ruffs Dale, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The Ruffs Dale real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 34
+33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Ruffs Dale 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruffs Dale, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Ruffs Dale in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Ruffs Dale, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
46 Days35 Days-24.0%

Summary: Homes in Ruffs Dale had an average of 35 days on market in Oct 2024, down by 24% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Ruffs Dale; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 22 Days Ago

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