$3,266 Closing Credit*
$275,000
2,352 SqFt
4 Beds
•1 Full Bath, 1 Partial
Pamela Payne, Listing Office: Trails End Realty
Is Smethport, 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, Smethport has remained a Seller's Market.
Key Takeaway
Smethport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Smethport, PA
How much do homes in Smethport, PA cost?
Median Sold Price
$109,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$42,000(-27.8%)
Key Takeaway
Homes in Smethport have sold for 27.8% less than they did a year ago.
Summary: The median home sold price in Smethport was $109,000 in November 2024, down 27.8% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $18.2K | N/A |
| 2 Bedrooms | - | $84.9K | N/A |
| 3 Bedrooms | $125K | $144K | +15.2% |
| 4 Bedrooms | $260K | $130K | -50.0% |
| 5+ Bedrooms | $127.5K | $117.5K | -7.8% |
Summary: Smethport 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 did not change, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 7.8%.
Housing Supply in Smethport, PA
How many homes are available in Smethport, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Smethport real estate market had 9 homes for sale in November 2024, a 12.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Smethport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Smethport, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Smethport in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Smethport, PA
How long does it take to sell a home in Smethport, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 16 Days | -72.3% |
Summary: Homes in Smethport had an average of 16 days on market in Nov 2024, down by 72.3% 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
Key Takeaway
Many homes in Smethport are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Smethport; 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.
