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 June 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

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since June 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 June 2024, up 28.4% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $285K$145.9K
-48.8%
3 $246.2K$310K
+25.9%
4 $375K$470K
+25.3%
5+ $360K$307.5K
-14.6%

Summary: Centre Township housing prices by bedroom type for June 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 25.9%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes decreased by 14.6%.

Median Sold Price Compared To Nearby Cities

Mohrsville
+32.1%
Centre Township
+28.4%
Leesport
+19.1%
Shoemakersville
+2.1%

Housing Supply in Centre Township, PA

How many homes are available in Centre Township, PA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
97-22.2%

Summary: The Centre Township real estate market had 7 homes for sale in June 2024, a 22.2% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 35
+66.7%
4 51
-80.0%
5+ 10
-100.0%

Summary: The Centre Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 80%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centre Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Centre Township in June 2024, down by 80.0% 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 Centre Township, PA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
16 Days5 Days-68.8%

Summary: Homes in Centre Township had an average of 5 days on market in Jun 2024, down by 68.8% 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 June 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 26 Days Ago

Newest Listings in Centre Township, PA

Nearby Markets to Centre Township, PA