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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shamokin Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Shamokin Township was a Seller's Market.

Key Takeaway

Shamokin Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Shamokin Township, PA

How much do homes in Shamokin Township, PA cost?

Median Sold Price

$65,000

$45/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,261(+14.6%)

Key Takeaway

Homes in Shamokin Township have sold for 14.6% more than they did a year ago.

Summary: The median home sold price in Shamokin Township was $65,000 in October 2024, up 14.6% from last year, and the median price per square foot was $45.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$43K
N/A
2 $28K$50K
+78.6%
3 $46K$65K
+41.3%
4 $62K$64.5K
+4.0%
5+ $70K$70.9K
+1.4%

Summary: Shamokin 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 78.6%, 3 bedroom homes increased by 41.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Trevorton
+32.0%
Zerbe Township
+32.0%
Shamokin Township
+14.6%

Housing Supply in Shamokin Township, PA

How many homes are available in Shamokin Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4852+8.3%

Summary: The Shamokin Township real estate market had 52 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2525
0.0%
4 87
-12.5%
5+ 1216
+33.3%

Summary: The Shamokin 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shamokin Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Shamokin Township in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Shamokin Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
93 Days42 Days-55.0%

Summary: Homes in Shamokin Township had an average of 42 days on market in Oct 2024, down by 55% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During October 2024, 7 homes were sold in Shamokin Township; 14% of homes were sold within 30 days, 14% 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 20 Days Ago

Newest Listings in Shamokin Township, PA

Nearby Markets to Shamokin Township, PA

What housing markets are near Shamokin Township, PA?