$5,641 Closing Credit*
$475,000
1,554 SqFt
3 Beds
Maggie James, Listing Office: Coldwell Banker Realty
Is Shelocta, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Shelocta was a Seller's Market.
Key Takeaway
Shelocta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shelocta, PA
How much do homes in Shelocta, PA cost?
Median Sold Price
$197,500
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$62,500(-24.0%)
Key Takeaway
Homes in Shelocta have sold for 24% less than they did a year ago.
Summary: The median home sold price in Shelocta was $197,500 in November 2024, down 24% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $40K | $126K | +215.0% |
| 3 Bedrooms | $173K | $205K | +18.5% |
| 4 Bedrooms | $305.5K | $298.5K | -2.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Shelocta 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 215%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Armstrong Township | $242.5K | $215K | -11.3% |
| Shelocta | $260K | $197.5K | -24.0% |
| Shelocta | $265K | $190K | -28.3% |
Housing Supply in Shelocta, PA
How many homes are available in Shelocta, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Shelocta real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shelocta 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 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shelocta, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Shelocta in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 33 Days | +26.9% |
Summary: Homes in Shelocta had an average of 33 days on market in Nov 2024, up by 26.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shelocta has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Shelocta; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
