Is Saint Thomas Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Thomas Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Saint Thomas Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Saint Thomas Township, PA

How much do homes in Saint Thomas Township, PA cost?

Median Sold Price

$268,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$21,950(-7.6%)

Key Takeaway

Homes in Saint Thomas Township have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in Saint Thomas Township was $268,000 in October 2024, down 7.6% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $190K$222K
+16.8%
3 $287.9K$255K
-11.4%
4 $300K$301.5K
0.5%
5+ $365K-
N/A

Summary: Saint Thomas Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.8%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hamilton Township
+8.3%
Saint Thomas Township
-7.6%

Housing Supply in Saint Thomas Township, PA

How many homes are available in Saint Thomas Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1420+42.9%

Summary: The Saint Thomas Township real estate market had 20 homes for sale in October 2024, a 42.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 812
+50.0%
4 57
+40.0%
5+ 00
0.0%

Summary: The Saint Thomas Township 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 50%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Thomas Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Saint Thomas Township in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Saint Thomas Township, PA

How long does it take to sell a home in Saint Thomas Township, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days31 Days+3.3%

Summary: Homes in Saint Thomas Township had an average of 31 days on market in Oct 2024, up by 3.3% compared to last year.

Breakdown of Home Sale Times

3 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 Saint Thomas Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Saint Thomas Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 Saint Thomas Township, PA

Nearby Markets to Saint Thomas Township, PA

What housing markets are near Saint Thomas Township, PA?