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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Huntingdon Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, South Huntingdon Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in South Huntingdon Township, PA

How much do homes in South Huntingdon Township, PA cost?

Median Sold Price

$152,500

$216/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$52,500(-25.6%)

Key Takeaway

Homes in South Huntingdon Township have sold for 25.6% less than they did a month ago.

Summary: The median home sold price in South Huntingdon Township was $152,500 in May 2024, down 25.6% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$107.5K
N/A
3 $205K$233.7K
+14.0%
4 --
N/A
5+ --
N/A

Summary: South Huntingdon Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smithton
+332.9%
South Huntingdon Township
-25.6%

Housing Supply in South Huntingdon Township, PA

How many homes are available in South Huntingdon Township, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1114+27.3%

Summary: The South Huntingdon Township real estate market had 14 homes for sale in May 2024, a 27.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 45
+25.0%
3 56
+20.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The South Huntingdon 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 increased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Huntingdon Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in South Huntingdon Township in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for South Huntingdon Township, PA

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

Average Sale Time

Apr 2024May 2024CHANGE
14 Days77 Days+450.0%

Summary: Homes in South Huntingdon Township had an average of 77 days on market in May 2024, up by 450% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 4 homes were sold in South Huntingdon Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 South Huntingdon Township, PA

Nearby Markets to South Huntingdon Township, PA

What housing markets are near South Huntingdon Township, PA?