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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Selinsgrove is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Selinsgrove, PA

How much do homes in Selinsgrove, PA cost?

Median Sold Price

$215,500

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,500(-2.0%)

Key Takeaway

Homes in Selinsgrove have sold for 2% less than they did a year ago.

Summary: The median home sold price in Selinsgrove was $215,500 in November 2024, down 2% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $190K$191K
0.5%
3 $220K$217.7K
-1.0%
4 $345.9K$275.9K
-20.2%
5+ $235K$257.5K
+9.6%

Summary: Selinsgrove 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 0.5%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Cities

Selinsgrove
-2.0%
Monroe Township
-2.3%
Penn Township
-8.2%

Housing Supply in Selinsgrove, PA

How many homes are available in Selinsgrove, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5958-1.7%

Summary: The Selinsgrove real estate market had 58 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2020
0.0%
3 2523
-8.0%
4 1012
+20.0%
5+ 43
-25.0%

Summary: The Selinsgrove 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 remained the same, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10100.0%

Asking Price vs. Sold Price

8 Homes Were 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 Selinsgrove, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Selinsgrove in November 2024, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Selinsgrove, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days116 Days+304.7%

Summary: Homes in Selinsgrove had an average of 116 days on market in Nov 2024, up by 304.7% compared to last year.

Breakdown of Home Sale Times

0 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

Most homes in Selinsgrove are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 10 homes were sold in Selinsgrove; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% 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 23 Days Ago

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