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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shenandoah is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Shenandoah, PA

How much do homes in Shenandoah, PA cost?

Median Sold Price

$79,900

$45/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,900(+53.7%)

Key Takeaway

Homes in Shenandoah have sold for 53.7% more than they did a year ago.

Summary: The median home sold price in Shenandoah was $79,900 in November 2024, up 53.7% from last year, and the median price per square foot was $45.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $28.5K$174.9K
+513.7%
3 $52K$69.5K
+33.7%
4 $55K$80K
+45.5%
5+ $62.5K$80K
+28.0%

Summary: Shenandoah 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 513.7%, 3 bedroom homes increased by 33.7%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 28%.

Median Sold Price Compared To Nearby Cities

West Mahanoy Township
+65.0%
Shenandoah
+53.7%

Housing Supply in Shenandoah, PA

How many homes are available in Shenandoah, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2524-4.0%

Summary: The Shenandoah real estate market had 24 homes for sale in November 2024, a 4.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1213
+8.3%
4 43
-25.0%
5+ 76
-14.3%

Summary: The Shenandoah 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 increased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shenandoah, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Shenandoah in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Shenandoah, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
59 Days27 Days-54.6%

Summary: Homes in Shenandoah had an average of 27 days on market in Nov 2024, down by 54.6% compared to last year.

Breakdown of Home Sale Times

7 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 Shenandoah are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Shenandoah; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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 2 Days Ago

Newest Listings in Shenandoah, PA

Nearby Markets to Shenandoah, PA