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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tremont is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Tremont has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tremont, PA

How much do homes in Tremont, PA cost?

Median Sold Price

$115,100

$71/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,200(+15.2%)

Key Takeaway

Homes in Tremont have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in Tremont was $115,100 in October 2024, up 15.2% from last year, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $127.5K$114.9K
-9.9%
3 $96.4K$122.9K
+27.5%
4 $99K$114.5K
+15.7%
5+ -$107.4K
N/A

Summary: Tremont 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 decreased by 9.9%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tremont
+15.2%
Tremont Township
+8.6%

Housing Supply in Tremont, PA

How many homes are available in Tremont, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The Tremont real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 77
0.0%
4 11
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 Tremont, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Tremont in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 2023Oct 2024CHANGE
2 Days88 Days+4300.0%

Summary: Homes in Tremont had an average of 88 days on market in Oct 2024, up by 4300% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tremont has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Tremont; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

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