Is Coplay, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Coplay has remained a Seller's Market.
Key Takeaway
Coplay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coplay, PA
How much do homes in Coplay, PA cost?
Median Sold Price
$291,500
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Coplay have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Coplay was $291,500 in May 2024, up 4.1% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $87K | -30.4% |
| 2 Bedrooms | $180K | $180K | 0.0% |
| 3 Bedrooms | $285K | $301.5K | +5.8% |
| 4 Bedrooms | $382.5K | $335K | -12.4% |
| 5+ Bedrooms | $429.9K | $535K | +24.4% |
Summary: Coplay housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes increased by 24.4%.
Median Sold Price Compared To Nearby Cities
| Whitehall | $300K | $315K | +5.0% |
| Whitehall Township | $300K | $315K | +5.0% |
| Coplay | $280K | $291.5K | +4.1% |
| Northampton | $302.8K | $307.4K | +1.5% |
Housing Supply in Coplay, PA
How many homes are available in Coplay, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Coplay real estate market had 19 homes for sale in May 2024, a 11.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Coplay 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 increased by 50%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coplay, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Coplay in May 2024, up by 75.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 29% were sold at asking, and 71% were sold over asking.
Days on Market for Coplay, PA
How long does it take to sell a home in Coplay, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 13 Days | -66.3% |
Summary: Homes in Coplay had an average of 13 days on market in May 2024, down by 66.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coplay are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Coplay; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
