Is Ross Township, 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, Ross Township has remained a Seller's Market.
Housing Prices in Ross Township, PA
How much do homes in Ross Township, PA cost?
Median Sold Price
$405,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ross Township was $405,000 in May 2024, up 30.6% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230.2K | $277.5K | +20.5% |
3 Bedrooms | $302.5K | $425K | +40.5% |
4 Bedrooms | $317.5K | $384.9K | +21.2% |
5+ Bedrooms | $430K | $550K | +27.9% |
Summary: Ross 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 20.5%, 3 bedroom homes increased by 40.5%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 27.9%.
Median Sold Price Compared To Nearby Cities
Ross Township | $310K | $405K | +30.6% |
Saylorsburg | $309.2K | $384.9K | +24.5% |
Wind Gap | $270K | $315.5K | +16.9% |
Housing Supply in Ross Township, PA
How many homes are available in Ross Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Summary: The Ross Township real estate market had 5 homes for sale in May 2024, a 37.5% decrease 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 | 2 | 2 | 0.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Ross 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 decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Ross Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ross Township, PA
How long does it take to sell a home in Ross Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 118 Days | +323.2% |
Summary: Homes in Ross Township had an average of 118 days on market in May 2024, up by 323.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Ross Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.