Is Halifax, 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, Halifax has remained a Seller's Market.
Key Takeaway
Halifax is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Halifax, PA
How much do homes in Halifax, PA cost?
Median Sold Price
$249,900
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Halifax have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Halifax was $249,900 in May 2024, up 15.7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115.7K | $197.4K | +70.6% |
| 3 Bedrooms | $213.9K | $237.3K | +11.0% |
| 4 Bedrooms | $355K | $300K | -15.5% |
| 5+ Bedrooms | - | $529.9K | N/A |
Summary: Halifax 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 70.6%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Halifax | $215.9K | $249.9K | +15.7% |
| Halifax Township | $252.5K | $249.9K | -1.0% |
Housing Supply in Halifax, PA
How many homes are available in Halifax, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Summary: The Halifax real estate market had 14 homes for sale in May 2024, a 26.3% 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 | 12 | 8 | -33.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Halifax 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 decreased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Halifax, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Halifax in May 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Halifax, PA
How long does it take to sell a home in Halifax, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 28 Days | +55.6% |
Summary: Homes in Halifax had an average of 28 days on market in May 2024, up by 55.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Halifax are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Halifax; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
