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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catasauqua is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Catasauqua, PA

How much do homes in Catasauqua, PA cost?

Median Sold Price

$262,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$12,000(+4.8%)

Key Takeaway

Homes in Catasauqua have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Catasauqua was $262,000 in September 2024, up 4.8% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$113K
N/A
2 $195.5K$193K
-1.3%
3 $225.5K$235K
+4.2%
4 $480.6K$546K
+13.6%
5+ $271K$297.5K
+9.8%

Summary: Catasauqua housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

Hanover Township
+5.5%
Catasauqua
+4.8%
Whitehall
+1.0%

Housing Supply in Catasauqua, PA

How many homes are available in Catasauqua, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5645-19.6%

Summary: The Catasauqua real estate market had 45 homes for sale in September 2024, a 19.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 23
+50.0%
2 21
-50.0%
3 2818
-35.7%
4 1514
-6.7%
5+ 99
0.0%

Summary: The Catasauqua housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
166-62.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catasauqua, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Catasauqua in September 2024, down by 62.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Catasauqua, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
5 Days11 Days+100.0%

Summary: Homes in Catasauqua had an average of 11 days on market in Sep 2024, up by 100% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Catasauqua are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 6 homes were sold in Catasauqua; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Catasauqua, PA

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