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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Buffalo Township is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, East Buffalo Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in East Buffalo Township, PA

How much do homes in East Buffalo Township, PA cost?

Median Sold Price

$377,450

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$4,950(+1.3%)

Key Takeaway

Homes in East Buffalo Township have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in East Buffalo Township was $377,450 in March 2024, up 1.3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$450K
N/A
2 $150K$251K
+67.3%
3 $260K$315K
+21.2%
4 $425K$421K
-0.9%
5+ $580K$640K
+10.3%

Summary: East Buffalo Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 67.3%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

Lewisburg
+9.4%
East Buffalo Township
+1.3%

Housing Supply in East Buffalo Township, PA

How many homes are available in East Buffalo Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3947+20.5%

Summary: The East Buffalo Township real estate market had 47 homes for sale in March 2024, a 20.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1110
-9.1%
4 1522
+46.7%
5+ 1315
+15.4%

Summary: The East Buffalo Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
29+350.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Buffalo Township, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in East Buffalo Township in March 2024, up by 350.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.

Days on Market for East Buffalo Township, PA

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

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

Summary: During March 2024, 9 homes were sold in East Buffalo Township; 11% 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 24 Days Ago

Newest Listings in East Buffalo Township, PA

Nearby Markets to East Buffalo Township, PA