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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Foster Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Foster Township, PA

How much do homes in Foster Township, PA cost?

Median Sold Price

$106,500

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$23,400(-18.0%)

Key Takeaway

Homes in Foster Township have sold for 18% less than they did a year ago.

Summary: The median home sold price in Foster Township was $106,500 in May 2024, down 18% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $76.5K$80K
+4.6%
3 $135K$100K
-25.9%
4 $180K$148.4K
-17.5%
5+ $129.9K$210.5K
+62.0%

Summary: Foster Township 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 increased by 4.6%, 3 bedroom homes decreased by 25.9%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes increased by 62%.

Median Sold Price Compared To Nearby Cities

Bradford
+1.3%
Bradford Township
+1.3%
Foster Township
-18.0%

Housing Supply in Foster Township, PA

How many homes are available in Foster Township, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
220.0%

Summary: The Foster Township real estate market had 2 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 22
0.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Foster Township 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
01+100.0%

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 Foster Township, 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 Foster Township in May 2024, up by 100.0% month-over-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 Foster Township, PA

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

Average Sale Time

May 2023May 2024CHANGE
41 Days7 Days-83.2%

Summary: Homes in Foster Township had an average of 7 days on market in May 2024, down by 83.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Foster Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Foster Township; 100% of homes were sold within 30 days, 0% 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 1 Day Ago

Newest Listings in Foster Township, PA

Nearby Markets to Foster Township, PA

What housing markets are near Foster Township, PA?