$189 Closing Credit*
$15,900
1,026 SqFt
2 Beds
•1 Full Bath
Ryan Shedlock, Listing Office: Howard Hanna Real Estate Services
Is Sheraden, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sheraden has remained a Seller's Market.
Key Takeaway
Sheraden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sheraden, PA
How much do homes in Sheraden, PA cost?
Median Sold Price
$83,500
$58/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,500(-20.5%)
Key Takeaway
Homes in Sheraden have sold for 20.5% less than they did a year ago.
Summary: The median home sold price in Sheraden was $83,500 in October 2024, down 20.5% from last year, and the median price per square foot was $58.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $60K | $33K | -45.0% |
| 3 Bedrooms | $84K | $87.5K | +4.2% |
| 4 Bedrooms | $156K | $64.1K | -58.9% |
| 5+ Bedrooms | $55K | $112.5K | +104.5% |
Summary: Sheraden 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 decreased by 45%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 58.9%, and 5+ bedroom homes increased by 104.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Crafton Heights | $184K | $172.5K | -6.3% |
| Sheraden | $105K | $83.5K | -20.5% |
Housing Supply in Sheraden, PA
How many homes are available in Sheraden, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Summary: The Sheraden real estate market had 24 homes for sale in October 2024, a 14.3% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Sheraden 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 25%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sheraden, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Sheraden in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Sheraden, PA
How long does it take to sell a home in Sheraden, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 68 Days | +149.8% |
Summary: Homes in Sheraden had an average of 68 days on market in Oct 2024, up by 149.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sheraden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Sheraden; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
