Is Stanton Heights, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanton Heights is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Stanton Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Stanton Heights, PA

How much do homes in Stanton Heights, PA cost?

Median Sold Price

$320,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$64,000(+25.0%)

Key Takeaway

Homes in Stanton Heights have sold for 25% more than they did a year ago.

Summary: The median home sold price in Stanton Heights was $320,000 in October 2024, up 25% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$167K
N/A
2 $186K$221.5K
+19.1%
3 $270K$330.5K
+22.4%
4 $246.2K$345K
+40.1%
5+ -$817.6K
N/A

Summary: Stanton Heights 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 19.1%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 40.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Stanton Heights
+25.0%
Central Lawrenceville
+21.6%
Morningside
+21.5%
Lawrenceville
+8.9%

Housing Supply in Stanton Heights, PA

How many homes are available in Stanton Heights, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Stanton Heights real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 911
+22.2%
4 43
-25.0%
5+ 10
-100.0%

Summary: The Stanton Heights 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 remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanton Heights, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Stanton Heights in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Stanton Heights, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days72 Days+931.4%

Summary: Homes in Stanton Heights had an average of 72 days on market in Oct 2024, up by 931.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Stanton Heights; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 13 Days Ago

Newest Listings in Stanton Heights, PA

Nearby Markets to Stanton Heights, PA