$7,719 Closing Credit*
$650,000
1,472 SqFt
3 Beds
•1 Full Bath, 1 Partial
Michael Rosania, Listing Office: Compass Pennsylvania, LLC
Is Spruce Hill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Spruce Hill has remained a Buyer's Market.
Key Takeaway
Spruce Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spruce Hill, PA
How much do homes in Spruce Hill, PA cost?
Median Sold Price
$559,999
$196/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$27,499(+5.2%)
Key Takeaway
Homes in Spruce Hill have sold for 5.2% more than they did a month ago.
Summary: The median home sold price in Spruce Hill was $559,999 in October 2024, up 5.2% from last month, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $425K | $239.9K | -43.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $640K | $880K | +37.5% |
Summary: Spruce Hill housing prices by bedroom type for October 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 43.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 37.5%.
Housing Supply in Spruce Hill, PA
How many homes are available in Spruce Hill, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Summary: The Spruce Hill real estate market had 18 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Spruce Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spruce Hill, 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 Spruce Hill in October 2024, the same as the previous 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 Spruce Hill, PA
How long does it take to sell a home in Spruce Hill, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 Days | 36 Days | -59.2% |
Summary: Homes in Spruce Hill had an average of 36 days on market in Oct 2024, down by 59.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were 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 Spruce Hill has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Spruce Hill; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
