Is New Stanton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, New Stanton was a Seller's Market.
Key Takeaway
New Stanton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in New Stanton, PA
How much do homes in New Stanton, PA cost?
Median Sold Price
$259,900
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in New Stanton have sold for 11.2% less than they did a year ago.
Summary: The median home sold price in New Stanton was $259,900 in May 2024, down 11.2% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $152.9K | - | N/A |
| 3 Bedrooms | $285.5K | $245K | -14.2% |
| 4 Bedrooms | $405K | $308.5K | -23.8% |
| 5+ Bedrooms | $410K | - | N/A |
Summary: New Stanton 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 did not change, 3 bedroom homes decreased by 14.2%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hempfield Township | $234.9K | $250K | +6.4% |
| Youngwood | $147.9K | $155K | +4.8% |
| New Stanton | $292.7K | $259.9K | -11.2% |
Housing Supply in New Stanton, PA
How many homes are available in New Stanton, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 16 | +77.8% |
Summary: The New Stanton real estate market had 16 homes for sale in May 2024, a 77.8% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The New Stanton 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 increased by 60%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Stanton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in New Stanton in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for New Stanton, PA
How long does it take to sell a home in New Stanton, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 9 Days | 21 Days | +121.1% |
Summary: Homes in New Stanton had an average of 21 days on market in May 2024, up by 121.1% 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
Key Takeaway
Many homes in New Stanton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in New Stanton; 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.
