$3,919 Closing Credit*
$330,000
1,910 SqFt
3 Beds
•2 Full Baths, 1 Partial
Heather Schierloh, Listing Office: Acre and Estate
Is Smithfield Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Smithfield Township was a Buyer's Market.
Key Takeaway
Smithfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Smithfield Township, PA
How much do homes in Smithfield Township, PA cost?
Median Sold Price
$270,500
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,500(+12.7%)
Key Takeaway
Homes in Smithfield Township have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Smithfield Township was $270,500 in October 2024, up 12.7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $138K | +2.2% |
| 3 Bedrooms | $235K | $235K | 0.0% |
| 4 Bedrooms | $419.9K | $384.4K | -8.4% |
| 5+ Bedrooms | $506K | $700K | +38.3% |
Summary: Smithfield Township 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 increased by 2.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 38.3%.
Median Sold Price Compared To Nearby Cities
| Smithfield Township | $240K | $270.5K | +12.7% |
| East Stroudsburg | $300K | $319.5K | +6.5% |
Housing Supply in Smithfield Township, PA
How many homes are available in Smithfield Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Smithfield Township real estate market had 17 homes for sale in October 2024, a 6.3% increase 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 | 8 | 8 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Smithfield Township 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 remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Smithfield Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Smithfield Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Smithfield Township, PA
How long does it take to sell a home in Smithfield Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 34 Days | -18.9% |
Summary: Homes in Smithfield Township had an average of 34 days on market in Oct 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Smithfield Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Smithfield Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
