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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Easton is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Easton, PA

How much do homes in Easton, PA cost?

Median Sold Price

$342,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$127,000(+59.1%)

Key Takeaway

Homes in Easton have sold for 59.1% more than they did a year ago.

Summary: The median home sold price in Easton was $342,000 in February 2024, up 59.1% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $375K$177.5K
-52.7%
2 $175K$250K
+42.9%
3 $200K$325K
+62.5%
4 $242.5K$452.2K
+86.5%
5+ $280K$429K
+53.2%

Summary: Easton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.7%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 86.5%, and 5+ bedroom homes increased by 53.2%.

Median Sold Price Compared To Nearby Cities

Easton
+59.1%
Wilson
+13.8%
Williams Township
+13.7%

Housing Supply in Easton, PA

How many homes are available in Easton, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
205208+1.5%

Summary: The Easton real estate market had 208 homes for sale in February 2024, a 1.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 35
+66.7%
2 2729
+7.4%
3 8278
-4.9%
4 7066
-5.7%
5+ 2330
+30.4%

Summary: The Easton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 30.4%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
4655+19.6%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Easton, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Easton in February 2024, up by 19.6% month-over-month. Of the 55 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% were sold over asking.

Days on Market for Easton, PA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
22 Days27 Days+24.6%

Summary: Homes in Easton had an average of 27 days on market in Feb 2024, up by 24.6% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 55 homes were sold in Easton; 71% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 4% 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 28 Days Ago

Newest Listings in Easton, PA

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