Is Cleona, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleona is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cleona has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cleona, PA

How much do homes in Cleona, PA cost?

Median Sold Price

$273,500

$187/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$15,500(+6.0%)

Key Takeaway

Homes in Cleona have sold for 6% more than they did a month ago.

Summary: The median home sold price in Cleona was $273,500 in May 2024, up 6% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $238K$190K
-20.2%
3 $285K-
N/A
4 $251.5K-
N/A
5+ -$357K
N/A

Summary: Cleona 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 decreased by 20.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cleona, PA

How many homes are available in Cleona, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
85-37.5%

Summary: The Cleona 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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 12
+100.0%
4 21
-50.0%
5+ 21
-50.0%

Summary: The Cleona 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 decreased by 66.7%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleona, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Cleona in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Cleona, PA

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

Average Sale Time

Apr 2024May 2024CHANGE
3 Days4 Days+20.0%

Summary: Homes in Cleona had an average of 4 days on market in May 2024, up by 20% compared to last month.

Breakdown of Home Sale Times

2 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 Cleona are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Cleona; 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 Cleona, PA

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