Is Hallam, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hallam has remained a Neutral Market.
Housing Prices in Hallam, PA
How much do homes in Hallam, PA cost?
Median Sold Price
$242,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hallam was $242,000 in April 2024, up 27% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $182.5K | $185K | +1.4% |
3 Bedrooms | $180K | $238.5K | +32.5% |
4 Bedrooms | $286.2K | $248.5K | -13.2% |
5+ Bedrooms | $300K | - | N/A |
Summary: Hallam housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 32.5%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hellam Township | $251.2K | $319.4K | +27.1% |
Hallam | $190.5K | $242K | +27.0% |
Housing Supply in Hallam, PA
How many homes are available in Hallam, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 13 | +62.5% |
Summary: The Hallam real estate market had 13 homes for sale in April 2024, a 62.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 2 | 7 | +250.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Hallam housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 250%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Hallam in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hallam, PA
How long does it take to sell a home in Hallam, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 5 Days | -16.7% |
Summary: Homes in Hallam had an average of 5 days on market in Apr 2024, down by 16.7% compared to last year.
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
Summary: During April 2024, 2 homes were sold in Hallam; 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.