$6,413 Closing Credit*
$540,000
3,050 SqFt
4 Beds
•3 Full Baths, 1 Partial
Heather Schierloh, Listing Office: Acre and Estate
Is Tannersville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Tannersville was a Neutral Market.
Key Takeaway
Tannersville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tannersville, PA
How much do homes in Tannersville, PA cost?
Median Sold Price
$357,500
$181/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$70,000(+24.3%)
Key Takeaway
Homes in Tannersville have sold for 24.3% more than they did a month ago.
Summary: The median home sold price in Tannersville was $357,500 in October 2024, up 24.3% from last month, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $213.7K | - | N/A |
| 3 Bedrooms | - | $345K | N/A |
| 4 Bedrooms | $395K | $370K | -6.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Tannersville 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 did not change, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tannersville | $287.5K | $357.5K | +24.3% |
| Pocono Township | $287.5K | $330K | +14.8% |
Housing Supply in Tannersville, PA
How many homes are available in Tannersville, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Tannersville real estate market had 18 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Tannersville 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 decreased by 66.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tannersville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Tannersville in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Tannersville, PA
How long does it take to sell a home in Tannersville, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 22 Days | -73.9% |
Summary: Homes in Tannersville had an average of 22 days on market in Oct 2024, down by 73.9% 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
Key Takeaway
Many homes in Tannersville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Tannersville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
