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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Drumore Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Drumore Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Drumore Township, PA cost?

Median Sold Price

$580,000

$177/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

-$45,000(-7.2%)

Key Takeaway

Homes in Drumore Township have sold for 7.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 --
N/A
3 -$325K
N/A
4 $625K-
N/A
5+ -$835K
N/A

Median Sold Price Compared To Nearby Cities

Drumore Township
-7.2%
Holtwood
-29.9%

How many homes are available in Drumore Township, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
54-20.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 10
-100.0%
5+ 22
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Drumore Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2022Dec 2022%
44 Days25 Days-43.2%

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 Drumore Township are selling fast, if you're buying plan to act quickly.

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

About Drumore Township, PA

Number of homes for sale in Drumore Township, PA real estate market have reached 4. The number of homes for sale in Drumore Township, PA decreased by 20% between November 2022 and December 2022. In December 2022 median list price was $580,000 and the average listing age was 25 days. From December 2021 through December 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, 4 bedrooms properties became 0% more expensive, 5 bedrooms properties prices increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory did not change, 4 bedrooms homes became 100% less available, 5 bedrooms homes did not move. In December 2022 more than 0 listings in Drumore Township, PA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.