Is Carbon County, 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, Carbon County has remained a Seller's Market.
Key Takeaway
Carbon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carbon County, PA
How much do homes in Carbon County, PA cost?
Median Sold Price
$233,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Carbon County have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Carbon County was $233,000 in March 2024, up 3.6% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $224.5K | +66.3% |
| 2 Bedrooms | $145K | $170K | +17.3% |
| 3 Bedrooms | $227K | $229K | +0.9% |
| 4 Bedrooms | $265K | $296.9K | +12.0% |
| 5+ Bedrooms | $278K | $328.2K | +18.1% |
Summary: Carbon County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.3%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 18.1%.
Median Sold Price Compared To Nearby Counties
| Lehigh County | $290.6K | $319.9K | +10.1% |
| Northampton County | $295.6K | $325.1K | +10.0% |
| Carbon County | $225K | $233K | +3.6% |
| Monroe County | $289.9K | $300.1K | +3.5% |
Housing Supply in Carbon County, PA
How many homes are available in Carbon County, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 360 | 343 | -4.7% |
Summary: The Carbon County real estate market had 343 homes for sale in March 2024, a 4.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 46 | 40 | -13.0% |
| 3 Bedrooms | 181 | 176 | -2.8% |
| 4 Bedrooms | 82 | 75 | -8.5% |
| 5+ Bedrooms | 46 | 49 | +6.5% |
Summary: The Carbon County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 6.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 61 | +13.0% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carbon County, you may be able to get a good deal. 50.8% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Carbon County in March 2024, up by 13.0% month-over-month. Of the 61 sold homes, 51% were sold under asking, 13% were sold at asking, and 36% were sold over asking.
Days on Market for Carbon County, PA
How long does it take to sell a home in Carbon County, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 47 Days | +0.7% |
Summary: Homes in Carbon County had an average of 47 days on market in Mar 2024, up by 0.7% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carbon County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 61 homes were sold in Carbon County; 61% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
