$85,000
4.11 Acres
Land
#WB-100641, Listing Office: Iron Valley Real Estate North Central PA
Is Sullivan County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Sullivan County was a Neutral Market.
Key Takeaway
Sullivan County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sullivan County, PA
How much do homes in Sullivan County, PA cost?
Median Sold Price
$145,950
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$73,950(-33.6%)
Key Takeaway
Homes in Sullivan County have sold for 33.6% less than they did a year ago.
Summary: The median home sold price in Sullivan County was $145,950 in December 2024, down 33.6% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.5K | $107K | +9.7% |
| 2 Bedrooms | $214.5K | $296.5K | +38.3% |
| 3 Bedrooms | $262.5K | $144.9K | -44.8% |
| 4 Bedrooms | $201K | $50K | -75.1% |
| 5+ Bedrooms | $245K | $185.9K | -24.1% |
Summary: Sullivan County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 38.3%, 3 bedroom homes decreased by 44.8%, 4 bedroom homes decreased by 75.1%, and 5+ bedroom homes decreased by 24.1%.
Median Sold Price Compared To Nearby Counties
| Lycoming County | $173K | $250K | +44.5% |
| Bradford County | $180K | $200K | +11.1% |
| Columbia County | $187.6K | $208K | +10.9% |
| Wyoming County | $220K | $235K | +6.8% |
| Sullivan County | $219.9K | $145.9K | -33.6% |
Housing Supply in Sullivan County, PA
How many homes are available in Sullivan County, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 30 | 26 | -13.3% |
Summary: The Sullivan County real estate market had 26 homes for sale in December 2024, a 13.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sullivan County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sullivan County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sullivan County in December 2024, down by 28.6% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sullivan County, PA
How long does it take to sell a home in Sullivan County, PA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sullivan County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Sullivan County; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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