Is Forks Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Forks Township has remained a Seller's Market.
Housing Prices in Forks Township, PA
How much do homes in Forks Township, PA cost?
Median Sold Price
$433,150
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Forks Township was $433,150 in April 2024, up 12.5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $367.2K | $180K | -51.0% |
2 Bedrooms | $244.9K | $250K | +2.1% |
3 Bedrooms | $354.9K | $400K | +12.7% |
4 Bedrooms | $495K | $543.2K | +9.7% |
5+ Bedrooms | $565K | $510K | -9.7% |
Summary: Forks Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Cities
Easton | $260K | $340.6K | +31.0% |
Forks Township | $385K | $433.1K | +12.5% |
Palmer Township | $334K | $358.3K | +7.3% |
Housing Supply in Forks Township, PA
How many homes are available in Forks Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 76 | +16.9% |
Summary: The Forks Township real estate market had 76 homes for sale in April 2024, a 16.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 16 | +60.0% |
3 Bedrooms | 23 | 20 | -13.0% |
4 Bedrooms | 28 | 32 | +14.3% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Forks Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Forks Township in April 2024, down by 5.6% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for Forks Township, PA
How long does it take to sell a home in Forks Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 46 Days | +12.4% |
Summary: Homes in Forks Township had an average of 46 days on market in Apr 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Forks Township; 82% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.