Is Centre Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centre Township is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Centre Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Centre Township, PA

How much do homes in Centre Township, PA cost?

Median Sold Price

$350,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$77,500(+28.4%)

Key Takeaway

Homes in Centre Township have sold for 28.4% more than they did a year ago.

Summary: The median home sold price in Centre Township was $350,000 in April 2024, up 28.4% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $285K$145.9K
-48.8%
3 $246.2K$280K
+13.7%
4 $380K$470K
+23.7%
5+ $360K$265K
-26.4%

Summary: Centre Township 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 48.8%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes decreased by 26.4%.

Median Sold Price Compared To Nearby Cities

Leesport
+57.7%
Mohrsville
+31.2%
Centre Township
+28.4%

Housing Supply in Centre Township, PA

How many homes are available in Centre Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87-12.5%

Summary: The Centre Township real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 21
-50.0%
4 55
0.0%
5+ 01
+100.0%

Summary: The Centre Township 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centre Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Centre Township in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Centre Township, PA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days23 Days+206.7%

Summary: Homes in Centre Township had an average of 23 days on market in Apr 2024, up by 206.7% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Centre 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.

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

Report Updated 9 Days Ago

Newest Listings in Centre Township, PA

Nearby Markets to Centre Township, PA