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 December 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

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$3,000(+2.2%)

Key Takeaway

Homes in Tamaqua have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Tamaqua was $140,000 in December 2024, up 2.2% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $130K$121K
-6.9%
3 $130K$124.9K
-3.9%
4 $140K$175K
+25.0%
5+ $114K$131.5K
+15.4%

Summary: Tamaqua housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Cities

Coaldale
+20.7%
Tamaqua
+2.2%

Housing Supply in Tamaqua, PA

How many homes are available in Tamaqua, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6451-20.3%

Summary: The Tamaqua real estate market had 51 homes for sale in December 2024, a 20.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 3225
-21.9%
4 1715
-11.8%
5+ 96
-33.3%

Summary: The Tamaqua housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 21.9%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1316+23.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 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. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Tamaqua in December 2024, up by 23.1% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% 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

Dec 2023Dec 2024CHANGE
14 Days26 Days+77.3%

Summary: Homes in Tamaqua had an average of 26 days on market in Dec 2024, up by 77.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 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 December 2024, 16 homes were sold in Tamaqua; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

Newest Listings in Tamaqua, PA

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