Is Upper Black Eddy, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Upper Black Eddy was a Buyer's Market.
Key Takeaway
Upper Black Eddy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upper Black Eddy, PA
How much do homes in Upper Black Eddy, PA cost?
Median Sold Price
$455,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Upper Black Eddy have sold for 13.7% less than they did a year ago.
Summary: The median home sold price in Upper Black Eddy was $455,000 in May 2024, down 13.7% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $323K | $240K | -25.7% |
| 2 Bedrooms | $380K | $425K | +11.8% |
| 3 Bedrooms | $551K | $400K | -27.4% |
| 4 Bedrooms | $675K | $582.5K | -13.7% |
| 5+ Bedrooms | $1.1M | $1.1M | +1.8% |
Summary: Upper Black Eddy housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.7%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 27.4%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Frenchtown | $510K | $582.5K | +14.2% |
| Milford | $400K | $450.5K | +12.6% |
| Upper Black Eddy | $527K | $455K | -13.7% |
Housing Supply in Upper Black Eddy, PA
How many homes are available in Upper Black Eddy, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Upper Black Eddy real estate market had 12 homes for sale in May 2024, a 20.0% increase 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 | 5 | 9 | +80.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Upper Black Eddy 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 increased by 80%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Black Eddy, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Upper Black Eddy in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Upper Black Eddy, PA
How long does it take to sell a home in Upper Black Eddy, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 22 Days | +266.7% |
Summary: Homes in Upper Black Eddy had an average of 22 days on market in May 2024, up by 266.7% 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 Upper Black Eddy are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Upper Black Eddy; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
