Is Zerbe Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zerbe Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Zerbe Township, PA

How much do homes in Zerbe Township, PA cost?

Median Sold Price

$165,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+32.0%)

Key Takeaway

Homes in Zerbe Township have sold for 32% more than they did a year ago.

Summary: The median home sold price in Zerbe Township was $165,000 in October 2024, up 32% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$130K
N/A
3 $120K$202K
+68.3%
4 $147.9K$179K
+21.0%
5+ $100K$85K
-15.0%

Summary: Zerbe Township 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 did not change, 3 bedroom homes increased by 68.3%, 4 bedroom homes increased by 21%, and 5+ bedroom homes decreased by 15%.

Median Sold Price Compared To Nearby Cities

Zerbe Township
+32.0%
Trevorton
+32.0%

Housing Supply in Zerbe Township, PA

How many homes are available in Zerbe Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The Zerbe Township real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 109
-10.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Zerbe Township 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zerbe Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Zerbe Township in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for Zerbe Township, PA

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

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Zerbe Township has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Zerbe Township; 14% of homes were sold within 30 days, 29% 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 Zerbe Township, PA

Nearby Markets to Zerbe Township, PA

What housing markets are near Zerbe Township, PA?