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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carrick is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Carrick, PA

How much do homes in Carrick, PA cost?

Median Sold Price

$123,000

$88/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$7,000(-5.4%)

Key Takeaway

Homes in Carrick have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in Carrick was $123,000 in May 2024, down 5.4% from last year, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $95K$87.5K
-7.9%
3 $130.5K$129.2K
-1.0%
4 $160.5K$164.9K
+2.8%
5+ $203K$207.5K
+2.2%

Summary: Carrick 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 decreased by 7.9%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Neighborhoods

Overbrook
+12.5%
Carrick
-5.4%
Mount Oliver Borough
-16.1%

Housing Supply in Carrick, PA

How many homes are available in Carrick, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3235+9.4%

Summary: The Carrick real estate market had 35 homes for sale in May 2024, a 9.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 1821
+16.7%
4 57
+40.0%
5+ 23
+50.0%

Summary: The Carrick 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 42.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carrick, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Carrick in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 0% were sold under asking, 43% were sold at asking, and 57% were sold over asking.

Days on Market for Carrick, PA

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

Average Sale Time

May 2023May 2024CHANGE
84 Days35 Days-58.6%

Summary: Homes in Carrick had an average of 35 days on market in May 2024, down by 58.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 7 homes were sold in Carrick; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 5 Days Ago

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