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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugarloaf is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Sugarloaf, PA

How much do homes in Sugarloaf, PA cost?

Median Sold Price

$50,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$190,000(-79.2%)

Key Takeaway

Homes in Sugarloaf have sold for 79.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $240K-
N/A
3 $222K$50K
-77.5%
4 --
N/A
5+ --
N/A

Summary: Sugarloaf housing prices by bedroom type for November 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 77.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sugarloaf, PA

How many homes are available in Sugarloaf, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
74-42.9%

Summary: The Sugarloaf real estate market had 4 homes for sale in November 2024, a 42.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 53
-40.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Sugarloaf housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Sugarloaf, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Sugarloaf in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sugarloaf, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
29 Days217 Days+648.3%

Summary: Homes in Sugarloaf had an average of 217 days on market in Nov 2024, up by 648.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Most homes in Sugarloaf are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Sugarloaf; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in Sugarloaf, PA

Nearby Markets to Sugarloaf, PA

What housing markets are near Sugarloaf, PA?