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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Albrightsville is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Albrightsville has remained a Buyer's Market.

Key Takeaway

Albrightsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Albrightsville, PA

How much do homes in Albrightsville, PA cost?

Median Sold Price

$295,950

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$1,050(-0.4%)

Key Takeaway

The sold price of homes in Albrightsville has remained the same since last year.

Summary: The median home sold price in Albrightsville was $295,950 in February 2024, down 0.4% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $219.7K$185K
-15.8%
3 $260.5K$290K
+11.3%
4 $410K$392.5K
-4.3%
5+ $340.5K$520K
+52.7%

Summary: Albrightsville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 52.7%.

Median Sold Price Compared To Nearby Cities

Tunkhannock Township
+13.7%
Penn Forest Township
+1.0%
Lake Harmony
-0.1%
Albrightsville
-0.4%

Housing Supply in Albrightsville, PA

How many homes are available in Albrightsville, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5968+15.3%

Summary: The Albrightsville real estate market had 68 homes for sale in February 2024, a 15.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
+100.0%
2 57
+40.0%
3 3637
+2.8%
4 1722
+29.4%
5+ 11
0.0%

Summary: The Albrightsville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
660.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Albrightsville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Albrightsville in February 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Albrightsville, PA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
13 Days87 Days+534.1%

Summary: Homes in Albrightsville had an average of 87 days on market in Feb 2024, up by 534.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Albrightsville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 6 homes were sold in Albrightsville; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 27 Days Ago

Newest Listings in Albrightsville, PA

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