Is Coal Center, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coal Center is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Coal Center, PA

How much do homes in Coal Center, PA cost?

Median Sold Price

$136,950

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$111,550(-44.9%)

Key Takeaway

Homes in Coal Center have sold for 44.9% less than they did a year ago.

Summary: The median home sold price in Coal Center was $136,950 in May 2024, down 44.9% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $65K-
N/A
2 $170K$139.9K
-17.7%
3 $187.5K$304.5K
+62.4%
4 $431.6K$62.5K
-85.5%
5+ $302.7K$345.4K
+14.1%

Summary: Coal Center housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 62.4%, 4 bedroom homes decreased by 85.5%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Cities

California
+5.2%
Coal Center
-44.9%

Housing Supply in Coal Center, PA

How many homes are available in Coal Center, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
880.0%

Summary: The Coal Center real estate market had 8 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Coal Center housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

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 Coal Center, 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 Coal Center in May 2024, the same as the previous 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 Coal Center, PA

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

Average Sale Time

May 2023May 2024CHANGE
31 Days54 Days+74.2%

Summary: Homes in Coal Center had an average of 54 days on market in May 2024, up by 74.2% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Coal Center has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Coal Center; 0% of homes were sold within 30 days, 100% 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 9 Days Ago

Newest Listings in Coal Center, PA

Nearby Markets to Coal Center, PA

What housing markets are near Coal Center, PA?