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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunbury is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Sunbury has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sunbury, PA

How much do homes in Sunbury, PA cost?

Median Sold Price

$138,000

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,750(-3.3%)

Key Takeaway

Homes in Sunbury have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Sunbury was $138,000 in November 2024, down 3.3% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$99.5K
N/A
2 $121K$103K
-14.9%
3 $135K$139K
+3.0%
4 $235K$242.5K
+3.2%
5+ $125K$137.5K
+10.0%

Summary: Sunbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.9%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 10%.

Housing Supply in Sunbury, PA

How many homes are available in Sunbury, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
50500.0%

Summary: The Sunbury real estate market had 50 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 3026
-13.3%
4 98
-11.1%
5+ 811
+37.5%

Summary: The Sunbury 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 increased by 66.7%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunbury, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Sunbury in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.

Days on Market for Sunbury, PA

How long does it take to sell a home in Sunbury, 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Sunbury; 11% 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.

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

Report Updated 17 Days Ago

Newest Listings in Sunbury, PA

Nearby Markets to Sunbury, PA