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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paradise Township is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Paradise Township, PA

How much do homes in Paradise Township, PA cost?

Median Sold Price

$299,990

$157/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since August 2023.

Key Takeaway

The sold price of homes in Paradise Township has remained the same since last year.

Summary: The median home sold price in Paradise Township was $299,990 in August 2024, the same as last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 -$267.5K
N/A
2 $249.9K$264.9K
+6.0%
3 $299.9K$299.9K
0.0%
4 $322.4K$280.2K
-13.1%
5+ $406.7K$530K
+30.3%

Summary: Paradise Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 30.3%.

Median Sold Price Compared To Nearby Cities

Berwick Township
+15.7%
Thomasville
+13.5%
Paradise Township
0.0%

Housing Supply in Paradise Township, PA

How many homes are available in Paradise Township, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1221+75.0%

Summary: The Paradise Township real estate market had 21 homes for sale in August 2024, a 75.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 22
0.0%
3 813
+62.5%
4 26
+200.0%
5+ 00
0.0%

Summary: The Paradise Township housing inventory by bedroom type for August 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 62.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
440.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paradise Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Paradise Township in August 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.

Days on Market for Paradise Township, PA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
11 Days5 Days-56.9%

Summary: Homes in Paradise Township had an average of 5 days on market in Aug 2024, down by 56.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Paradise Township are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 4 homes were sold in Paradise 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 19 Days Ago

Newest Listings in Paradise Township, PA

Nearby Markets to Paradise Township, PA

What housing markets are near Paradise Township, PA?