Is Cabot, 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, Cabot has remained a Buyer's Market.
Housing Prices in Cabot, PA
How much do homes in Cabot, PA cost?
Median Sold Price
$387,500
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cabot was $387,500 in April 2024, up 31.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $300K | $110K | -63.3% |
3 Bedrooms | $237K | $427.5K | +80.4% |
4 Bedrooms | $418.7K | $395K | -5.7% |
5+ Bedrooms | $294.5K | $240K | -18.5% |
Summary: Cabot housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 63.3%, 3 bedroom homes increased by 80.4%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Neighborhoods
Cabot | $294.5K | $387.5K | +31.6% |
Stanton | $145K | $176.3K | +21.6% |
Lower North Philadelphia | $384.8K | $366.2K | -4.8% |
Housing Supply in Cabot, PA
How many homes are available in Cabot, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Summary: The Cabot real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cabot 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
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 Cabot in April 2024, up by 100.0% month-over-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 Cabot, PA
How long does it take to sell a home in Cabot, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
206 Days | 4 Days | -98.1% |
Summary: Homes in Cabot had an average of 4 days on market in Apr 2024, down by 98.1% 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 April 2024, 1 homes were sold in Cabot; 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.