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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnutport is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Walnutport was a Seller's Market.

Key Takeaway

Walnutport is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Walnutport, PA

How much do homes in Walnutport, PA cost?

Median Sold Price

$320,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,000(+3.9%)

Key Takeaway

Homes in Walnutport have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Walnutport was $320,000 in October 2024, up 3.9% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $179.9K-
N/A
2 $212.5K$250K
+17.6%
3 $284.2K$290.5K
+2.2%
4 $375K$389.7K
+3.9%
5+ $403.3K$312.5K
-22.5%

Summary: Walnutport 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 17.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 22.5%.

Median Sold Price Compared To Nearby Cities

Lehigh Township
+16.7%
Slatington
+7.8%
Walnutport
+3.9%

Housing Supply in Walnutport, PA

How many homes are available in Walnutport, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3134+9.7%

Summary: The Walnutport real estate market had 34 homes for sale in October 2024, a 9.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1114
+27.3%
4 1617
+6.3%
5+ 22
0.0%

Summary: The Walnutport 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 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walnutport, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Walnutport in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Walnutport, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days39 Days+250.9%

Summary: Homes in Walnutport had an average of 39 days on market in Oct 2024, up by 250.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Walnutport; 60% of homes were sold within 30 days, 40% 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 16 Days Ago

Newest Listings in Walnutport, PA

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