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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugarloaf Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Sugarloaf Township, PA

How much do homes in Sugarloaf Township, PA cost?

Median Sold Price

$240,000

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$28,050(+13.2%)

Key Takeaway

Homes in Sugarloaf Township have sold for 13.2% more than they did a month ago.

Summary: The median home sold price in Sugarloaf Township was $240,000 in October 2024, up 13.2% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$240K
N/A
3 $211.9K$222K
+4.7%
4 --
N/A
5+ --
N/A

Summary: Sugarloaf Township 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 increased by 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Drums
+102.5%
Sugarloaf Township
+13.2%

Housing Supply in Sugarloaf Township, PA

How many homes are available in Sugarloaf Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The Sugarloaf Township real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 00
0.0%
5+ 11
0.0%

Summary: The Sugarloaf Township 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 decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugarloaf Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sugarloaf Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Sugarloaf Township, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days29 Days+7.4%

Summary: Homes in Sugarloaf Township had an average of 29 days on market in Oct 2024, up by 7.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During October 2024, 3 homes were sold in Sugarloaf Township; 33% of homes were sold within 30 days, 33% 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 20 Days Ago

Newest Listings in Sugarloaf Township, PA

Nearby Markets to Sugarloaf Township, PA

What housing markets are near Sugarloaf Township, PA?