$2,957 Closing Credit*
$249,000
1,268 SqFt
3 Beds
•2 Full Baths
Elizabeth Hutton- Elizabeth Hutton Group, Listing Office: Exp Realty Llc
Is Shelocta, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Shelocta was a Neutral Market.
Key Takeaway
Shelocta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shelocta, PA
How much do homes in Shelocta, PA cost?
Median Sold Price
$210,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-4.5%)
Key Takeaway
Homes in Shelocta have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Shelocta was $210,000 in October 2024, down 4.5% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $40K | $126K | +215.0% |
| 3 Bedrooms | $164.2K | $205K | +24.8% |
| 4 Bedrooms | $360K | $318.5K | -11.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Shelocta 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 215%, 3 bedroom homes increased by 24.8%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Armstrong Township | $220K | $215K | -2.3% |
| Shelocta | $220K | $210K | -4.5% |
| Shelocta | $265K | $215K | -18.9% |
Housing Supply in Shelocta, PA
How many homes are available in Shelocta, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Shelocta real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shelocta 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 decreased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shelocta, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Shelocta in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Shelocta, PA
How long does it take to sell a home in Shelocta, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 19 Days | +22.9% |
Summary: Homes in Shelocta had an average of 19 days on market in Oct 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shelocta are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Shelocta; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
