Is Kutztown, 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, Kutztown has remained a Seller's Market.
Housing Prices in Kutztown, PA
How much do homes in Kutztown, PA cost?
Median Sold Price
$339,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kutztown was $339,500 in April 2024, up 59.4% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $240K | +41.2% |
2 Bedrooms | $180K | $262.5K | +45.8% |
3 Bedrooms | $206.3K | $327.5K | +58.7% |
4 Bedrooms | $335K | $424.5K | +26.7% |
5+ Bedrooms | $434.9K | $222.5K | -48.8% |
Summary: Kutztown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.2%, 2 bedroom homes increased by 45.8%, 3 bedroom homes increased by 58.7%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes decreased by 48.8%.
Median Sold Price Compared To Nearby Cities
Kutztown | $213K | $339.5K | +59.4% |
Maxatawny Township | $301K | $262.5K | -12.8% |
Housing Supply in Kutztown, PA
How many homes are available in Kutztown, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 23 | +43.8% |
Summary: The Kutztown real estate market had 23 homes for sale in April 2024, a 43.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Kutztown 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 increased by 100%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Kutztown in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Kutztown, PA
How long does it take to sell a home in Kutztown, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 4 Days | -93.8% |
Summary: Homes in Kutztown had an average of 4 days on market in Apr 2024, down by 93.8% compared to last year.
Breakdown of Home Sale Times
5 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, 5 homes were sold in Kutztown; 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.