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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shiloh is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Shiloh, PA

How much do homes in Shiloh, PA cost?

Median Sold Price

$270,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,750(+7.9%)

Key Takeaway

Homes in Shiloh have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Shiloh was $270,000 in December 2024, up 7.9% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $117.5K-
N/A
2 $200K$183K
-8.5%
3 $253K$264.9K
+4.7%
4 $342.7K$355K
+3.6%
5+ $372.5K$500.5K
+34.4%

Summary: Shiloh housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 34.4%.

Median Sold Price Compared To Nearby Neighborhoods

Shiloh
+7.9%
Weigelstown
+4.9%

Housing Supply in Shiloh, PA

How many homes are available in Shiloh, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2927-6.9%

Summary: The Shiloh real estate market had 27 homes for sale in December 2024, a 6.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1717
0.0%
4 76
-14.3%
5+ 12
+100.0%

Summary: The Shiloh housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shiloh, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Shiloh in December 2024, down by 20.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Shiloh, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
20 Days11 Days-41.2%

Summary: Homes in Shiloh had an average of 11 days on market in Dec 2024, down by 41.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shiloh are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in Shiloh; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

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