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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tamaqua is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Tamaqua, PA

How much do homes in Tamaqua, PA cost?

Median Sold Price

$140,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,375(+10.6%)

Key Takeaway

Homes in Tamaqua have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Tamaqua was $140,000 in November 2024, up 10.6% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $90K$100K
+11.1%
3 $114K$140K
+22.8%
4 $140K$170K
+21.4%
5+ $109.5K$126.5K
+15.5%

Summary: Tamaqua 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 increased by 11.1%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 15.5%.

Median Sold Price Compared To Nearby Cities

Rush Township
+39.2%
Coaldale
+24.5%
Tamaqua
+10.6%

Housing Supply in Tamaqua, PA

How many homes are available in Tamaqua, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
57570.0%

Summary: The Tamaqua real estate market had 57 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 85
-37.5%
3 2627
+3.8%
4 1418
+28.6%
5+ 97
-22.2%

Summary: The Tamaqua 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 37.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
713+85.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tamaqua, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Tamaqua in November 2024, up by 85.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.

Days on Market for Tamaqua, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days27 Days+142.7%

Summary: Homes in Tamaqua had an average of 27 days on market in Nov 2024, up by 142.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Tamaqua; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

Newest Listings in Tamaqua, PA

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