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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blakeslee is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Blakeslee was a Seller's Market.

Key Takeaway

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

Housing Prices in Blakeslee, PA

How much do homes in Blakeslee, PA cost?

Median Sold Price

$281,250

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,250(+2.3%)

Key Takeaway

Homes in Blakeslee have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Blakeslee was $281,250 in March 2024, up 2.3% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $185K-
N/A
2 $194.9K$187K
-4.1%
3 $275K$272K
-1.1%
4 $332.5K$393.7K
+18.4%
5+ $397.5K$463.7K
+16.7%

Summary: Blakeslee 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 4.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 16.7%.

Median Sold Price Compared To Nearby Cities

Tunkhannock Township
+9.0%
Blakeslee
+2.3%
Kidder Township
-1.3%
Lake Harmony
-2.1%
Tobyhanna Township
-7.3%

Housing Supply in Blakeslee, PA

How many homes are available in Blakeslee, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1718+5.9%

Summary: The Blakeslee real estate market had 18 homes for sale in March 2024, a 5.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 76
-14.3%
4 22
0.0%
5+ 22
0.0%

Summary: The Blakeslee 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 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Blakeslee in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Blakeslee, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
13 Days66 Days+411.5%

Summary: Homes in Blakeslee had an average of 66 days on market in Mar 2024, up by 411.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Blakeslee has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Blakeslee; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 25 Days Ago

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