Is Wind Gap, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wind Gap is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wind Gap, PA

How much do homes in Wind Gap, PA cost?

Median Sold Price

$305,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+1.7%)

Key Takeaway

Homes in Wind Gap have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Wind Gap was $305,000 in October 2024, up 1.7% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $231K$178K
-22.9%
2 $249.5K$293.9K
+17.8%
3 $295K$300K
+1.7%
4 $431.5K$401.5K
-7.0%
5+ $405K$800K
+97.5%

Summary: Wind Gap housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.9%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 97.5%.

Median Sold Price Compared To Nearby Cities

Saylorsburg
+18.1%
Plainfield Township
+15.3%
Hamilton Township
+2.6%
Wind Gap
+1.7%

Housing Supply in Wind Gap, PA

How many homes are available in Wind Gap, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1412-14.3%

Summary: The Wind Gap real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 33
0.0%
4 54
-20.0%
5+ 22
0.0%

Summary: The Wind Gap 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

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

Summary: A total of 4 homes were sold or pending in Wind Gap in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wind Gap, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
6 Days16 Days+142.8%

Summary: Homes in Wind Gap had an average of 16 days on market in Oct 2024, up by 142.8% compared to last year.

Breakdown of Home Sale Times

3 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 Wind Gap are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Wind Gap; 75% of homes were sold within 30 days, 25% 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 Wind Gap, PA

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