Is Duncannon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Duncannon was a Seller's Market.
Key Takeaway
Duncannon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Duncannon, PA
How much do homes in Duncannon, PA cost?
Median Sold Price
$145,000
$94/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Duncannon have sold for 61.3% less than they did a month ago.
Summary: The median home sold price in Duncannon was $145,000 in April 2024, down 61.3% from last month, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $423K | $172.4K | -59.2% |
| 4 Bedrooms | $370K | $95K | -74.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Duncannon housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 59.2%, 4 bedroom homes decreased by 74.3%, and 5+ bedroom homes did not change.
Housing Supply in Duncannon, PA
How many homes are available in Duncannon, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The Duncannon real estate market had 23 homes for sale in April 2024, a 8.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Duncannon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Duncannon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Duncannon in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Duncannon, PA
How long does it take to sell a home in Duncannon, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 26 Days | -37.3% |
Summary: Homes in Duncannon had an average of 26 days on market in Apr 2024, down by 37.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Duncannon are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Duncannon; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
