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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Speers is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Speers has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Speers, PA

How much do homes in Speers, PA cost?

Median Sold Price

$185,450

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$5,450(+3.0%)

Key Takeaway

Homes in Speers have sold for 3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$205.9K
N/A
3 $180K$165K
-8.3%
4 --
N/A
5+ --
N/A

Summary: Speers housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Speers
+3.0%
Dunlevy
-64.4%

Housing Supply in Speers, PA

How many homes are available in Speers, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
43-25.0%

Summary: The Speers real estate market had 3 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Speers 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

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 Speers, 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 Speers in December 2024, up by 100.0% 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 Speers, PA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
4 Days57 Days+1337.5%

Summary: Homes in Speers had an average of 57 days on market in Dec 2024, up by 1337.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Speers; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 7 Days Ago

Newest Listings in Speers, PA

Nearby Markets to Speers, PA

What housing markets are near Speers, PA?