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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stoystown is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Stoystown was a Seller's Market.

Key Takeaway

Stoystown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Stoystown, PA

How much do homes in Stoystown, PA cost?

Median Sold Price

$275,000

$70/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$1,012,100(-78.6%)

Key Takeaway

Homes in Stoystown have sold for 78.6% less than they did a month ago.

Summary: The median home sold price in Stoystown was $275,000 in August 2024, down 78.6% from last month, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 -$275K
N/A
4 $215K-
N/A
5+ $2.3M-
N/A

Summary: Stoystown housing prices by bedroom type for August 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 did not change, 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

Jul 2024Aug 2024CHANGE
96-33.3%

Summary: The Stoystown real estate market had 6 homes for sale in August 2024, a 33.3% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 53
-40.0%
5+ 21
-50.0%

Summary: The Stoystown housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Stoystown in August 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Jul 2024Aug 2024CHANGE
12 Days61 Days+408.3%

Summary: Homes in Stoystown had an average of 61 days on market in Aug 2024, up by 408.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 August 2024, 1 homes were sold in Stoystown; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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