$509 Closing Credit*
$42,900
1,440 SqFt
3 Beds
•1 Full Bath
Shanna Funwela, Listing Office: Coldwell Banker Realty
Is Sheraden, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$80,000
$58/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$12,750(-13.7%)
Key Takeaway
Homes in Sheraden have sold for 13.7% less than they did a year ago.
Summary: The median home sold price in Sheraden was $80,000 in November 2024, down 13.7% from last year, and the median price per square foot was $58.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $54.6K | $35K | -35.9% |
| 3 Bedrooms | $90.5K | $85K | -6.1% |
| 4 Bedrooms | $165K | $64.1K | -61.1% |
| 5+ Bedrooms | $52.5K | $112.5K | +114.3% |
Summary: Sheraden 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 decreased by 35.9%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 61.1%, and 5+ bedroom homes increased by 114.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Crafton Heights | $175K | $175K | 0.0% |
| Sheraden | $92.7K | $80K | -13.7% |
Housing Supply in Sheraden, PA
How many homes are available in Sheraden, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Sheraden real estate market had 26 homes for sale in November 2024, a 13.0% increase 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sheraden 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 increased by 100%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sheraden, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Sheraden in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 81 Days | 80 Days | -1.6% |
Summary: Homes in Sheraden had an average of 80 days on market in Nov 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 November 2024, 6 homes were sold in Sheraden; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
