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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stoystown is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Stoystown, PA

How much do homes in Stoystown, PA cost?

Median Sold Price

$104,950

$56/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$44,550(-29.8%)

Key Takeaway

Homes in Stoystown have sold for 29.8% less than they did a month ago.

Summary: The median home sold price in Stoystown was $104,950 in October 2024, down 29.8% from last month, and the median price per square foot was $56.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $224.7K$104.9K
-53.3%
5+ $40K-
N/A

Summary: Stoystown 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 did not change, 4 bedroom homes decreased by 53.3%, and 5+ bedroom homes did not change.

Housing Supply in Stoystown, PA

How many homes are available in Stoystown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
65-16.7%

Summary: The Stoystown real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 12
+100.0%
4 42
-50.0%
5+ 10
-100.0%

Summary: The Stoystown 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stoystown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Stoystown in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Stoystown, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days142 Days+267.2%

Summary: Homes in Stoystown had an average of 142 days on market in Oct 2024, up by 267.2% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Stoystown has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Stoystown; 0% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in Stoystown, PA

Nearby Markets to Stoystown, PA