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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleona is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Cleona has remained a Seller's Market.

Key Takeaway

Cleona is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cleona, PA

How much do homes in Cleona, PA cost?

Median Sold Price

$240,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$73,050(+43.8%)

Key Takeaway

Homes in Cleona have sold for 43.8% more than they did a year ago.

Summary: The median home sold price in Cleona was $240,000 in February 2024, up 43.8% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $170K$177.5K
+4.4%
3 $155K$240K
+54.8%
4 $219.9K$285K
+29.6%
5+ -$286K
N/A

Summary: Cleona housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 54.8%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cleona
+43.8%
North Lebanon Township
+16.0%
Annville
+15.0%
North Cornwall Township
-10.8%

Housing Supply in Cleona, PA

How many homes are available in Cleona, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
86-25.0%

Summary: The Cleona real estate market had 6 homes for sale in February 2024, a 25.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 42
-50.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Cleona housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleona, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cleona in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cleona, PA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
43 Days27 Days-36.8%

Summary: Homes in Cleona had an average of 27 days on market in Feb 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Cleona; 50% of homes were sold within 30 days, 50% 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 27 Days Ago

Newest Listings in Cleona, PA

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