Is Southwest Schuylkill, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southwest Schuylkill is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Southwest Schuylkill was a Seller's Market.

Key Takeaway

Southwest Schuylkill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Southwest Schuylkill, PA

How much do homes in Southwest Schuylkill, PA cost?

Median Sold Price

$246,125

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,125(+39.8%)

Key Takeaway

Homes in Southwest Schuylkill have sold for 39.8% more than they did a year ago.

Summary: The median home sold price in Southwest Schuylkill was $246,125 in November 2024, up 39.8% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$217.6K
N/A
3 $155K$226.5K
+46.1%
4 $158.5K$203.8K
+28.6%
5+ $475K$420K
-11.6%

Summary: Southwest Schuylkill 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 46.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Neighborhoods

Southwest Schuylkill
+39.8%
Cedar Park
+29.6%
West Philadelphia
+2.2%

Housing Supply in Southwest Schuylkill, PA

How many homes are available in Southwest Schuylkill, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1615-6.3%

Summary: The Southwest Schuylkill real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 108
-20.0%
4 23
+50.0%
5+ 44
0.0%

Summary: The Southwest Schuylkill 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southwest Schuylkill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Southwest Schuylkill in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Southwest Schuylkill, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
81 Days103 Days+27.0%

Summary: Homes in Southwest Schuylkill had an average of 103 days on market in Nov 2024, up by 27% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Southwest Schuylkill are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Southwest Schuylkill; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

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