Is Albany Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Albany Township is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Albany Township, PA cost?

Median Sold Price

$376,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$71,000(+23.3%)

Key Takeaway

Homes in Albany Township have sold for 23.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $185K-
N/A
3 $290K$375K
+29.3%
4 $406.5K$403K
-0.9%
5+ $349.7K-
N/A

Median Sold Price Compared To Nearby Cities

Lynn Township
+30.8%
Albany Township
+23.3%
Kempton
+11.9%
Windsor Township
+2.0%

How many homes are available in Albany Township, PA?

Number of Homes For Sale

Sep 2022Oct 2022%
64-33.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 20
-100.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Albany Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
10 Days63 Days+500.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Albany Township has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Albany Township, PA

Albany Township, PA has 4 homes on the market. In October 2022 in Albany Township, PA there were 33.3% less homes for sale than in September 2022. While the average time on the market in October 2022 was 63 days, the median list price was $376,000. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 29.3%, 4 bedrooms properties prices decreased by 0.9%, the cost of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes did not move, 3 bedrooms homes inventory did not change, 4 bedrooms homes inventory decreased by 100%, 5 bedrooms homes did not move. Albany Township, PA housing market in October 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below.

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