Is Caernarvon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Caernarvon Township has remained a Seller's Market.
Housing Prices in Caernarvon Township, PA
How much do homes in Caernarvon Township, PA cost?
Median Sold Price
$327,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Caernarvon Township was $327,500 in March 2024, up 9.2% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $201.5K | $235K | +16.6% |
3 Bedrooms | $300K | $300.1K | 0.0% |
4 Bedrooms | $431.2K | $465K | +7.8% |
5+ Bedrooms | $490K | $440K | -10.2% |
Summary: Caernarvon Township 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 increased by 16.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 10.2%.
Median Sold Price Compared To Nearby Cities
Morgantown | $326K | $445K | +36.5% |
Caernarvon Township | $300K | $327.5K | +9.2% |
Robeson Township | $459.9K | $430K | -6.5% |
Housing Supply in Caernarvon Township, PA
How many homes are available in Caernarvon Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Summary: The Caernarvon Township real estate market had 11 homes for sale in March 2024, a 8.3% decrease 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 | 4 | 4 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Caernarvon Township 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Caernarvon Township in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Caernarvon Township, PA
How long does it take to sell a home in Caernarvon Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
11 Days | 8 Days | -28.4% |
Summary: Homes in Caernarvon Township had an average of 8 days on market in Mar 2024, down by 28.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Caernarvon Township; 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.