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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tioga is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Tioga was a Neutral Market.

Key Takeaway

Tioga is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tioga, PA

How much do homes in Tioga, PA cost?

Median Sold Price

$111,250

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,250(+17.1%)

Key Takeaway

Homes in Tioga have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in Tioga was $111,250 in October 2024, up 17.1% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $51K$65.1K
+27.7%
3 $97.5K$97.5K
0.0%
4 $92.1K$122.5K
+32.9%
5+ $100K$150K
+50.0%

Summary: Tioga housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes increased by 50%.

Median Sold Price Compared To Nearby Neighborhoods

Tioga
+17.1%
Glenwood
+8.4%
Upper North Philadelphia
-9.8%
Hunting Park
-23.1%
Nicetown
-27.3%

Housing Supply in Tioga, PA

How many homes are available in Tioga, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
62620.0%

Summary: The Tioga real estate market had 62 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 3533
-5.7%
4 1815
-16.7%
5+ 59
+80.0%

Summary: The Tioga housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tioga, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Tioga in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for Tioga, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days58 Days+85.5%

Summary: Homes in Tioga had an average of 58 days on market in Oct 2024, up by 85.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Tioga; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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 21 Days Ago

Newest Listings in Tioga, PA

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