Is Akron, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Akron was a Seller's Market.
Housing Prices in Akron, PA
How much do homes in Akron, PA cost?
Median Sold Price
$337,500
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Akron was $337,500 in March 2024, up 10.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $270K | $232K | -14.1% |
3 Bedrooms | $315K | $332.5K | +5.6% |
4 Bedrooms | $302.5K | $400K | +32.2% |
5+ Bedrooms | - | - | N/A |
Summary: Akron housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Ephrata | $255K | $316.8K | +24.3% |
Akron | $305K | $337.5K | +10.7% |
Ephrata Township | $320K | $315.4K | -1.4% |
Housing Supply in Akron, PA
How many homes are available in Akron, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Summary: The Akron real estate market had 7 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Akron housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Akron in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Akron, PA
How long does it take to sell a home in Akron, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 6 Days | -75.0% |
Summary: Homes in Akron had an average of 6 days on market in Mar 2024, down by 75% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Akron; 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.