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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tremont is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Tremont was a Seller's Market.

Key Takeaway

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

Housing Prices in Tremont, PA

How much do homes in Tremont, PA cost?

Median Sold Price

$124,000

$95/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$12,000(+10.7%)

Key Takeaway

Homes in Tremont have sold for 10.7% more than they did a month ago.

Summary: The median home sold price in Tremont was $124,000 in November 2024, up 10.7% from last month, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $112K$124K
+10.7%
4 --
N/A
5+ --
N/A

Summary: Tremont housing prices by bedroom type for November 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 increased by 10.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tremont
+10.7%
Tremont Township
+10.7%

Housing Supply in Tremont, PA

How many homes are available in Tremont, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1112+9.1%

Summary: The Tremont real estate market had 12 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 76
-14.3%
4 13
+200.0%
5+ 11
0.0%

Summary: The Tremont 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tremont, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Tremont in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Tremont, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
93 Days2 Days-97.9%

Summary: Homes in Tremont had an average of 2 days on market in Nov 2024, down by 97.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Tremont; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Tremont, PA

Nearby Markets to Tremont, PA