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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shoemakersville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Shoemakersville, PA

How much do homes in Shoemakersville, PA cost?

Median Sold Price

$250,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,750(+3.6%)

Key Takeaway

Homes in Shoemakersville have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Shoemakersville was $250,000 in November 2024, up 3.6% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $183.5K$215K
+17.2%
3 $255K$250K
-2.0%
4 $250K$300K
+20.0%
5+ $195.9K-
N/A

Summary: Shoemakersville 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 17.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes did not change.

Housing Supply in Shoemakersville, PA

How many homes are available in Shoemakersville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Shoemakersville real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Shoemakersville 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 decreased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shoemakersville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Shoemakersville in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Shoemakersville, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days8 Days-80.3%

Summary: Homes in Shoemakersville had an average of 8 days on market in Nov 2024, down by 80.3% compared to last year.

Breakdown of Home Sale Times

2 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 Shoemakersville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Shoemakersville; 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 17 Days Ago

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