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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thomasville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Thomasville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Thomasville, PA

How much do homes in Thomasville, PA cost?

Median Sold Price

$317,500

$219/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$77,500(-19.6%)

Key Takeaway

Homes in Thomasville have sold for 19.6% less than they did a month ago.

Summary: The median home sold price in Thomasville was $317,500 in October 2024, down 19.6% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $395K$317.5K
-19.6%
4 --
N/A
5+ --
N/A

Summary: Thomasville 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 decreased by 19.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Thomasville, PA

How many homes are available in Thomasville, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
57+40.0%

Summary: The Thomasville real estate market had 7 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Thomasville 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thomasville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Thomasville in October 2024, up by 50.0% 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 Thomasville, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
9 Days24 Days+166.7%

Summary: Homes in Thomasville had an average of 24 days on market in Oct 2024, up by 166.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Thomasville; 67% of homes were sold within 30 days, 33% 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 14 Days Ago

Newest Listings in Thomasville, PA

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