Is Eighty Four, 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, Eighty Four was a Neutral Market.
Key Takeaway
Eighty Four is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eighty Four, PA
How much do homes in Eighty Four, PA cost?
Median Sold Price
$417,000
$204/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Eighty Four have sold for 78.3% more than they did a month ago.
Summary: The median home sold price in Eighty Four was $417,000 in March 2024, up 78.3% from last month, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $407.6K | N/A |
| 4 Bedrooms | $233.8K | $545K | +133.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Eighty Four housing prices by bedroom type for March 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 did not change, 4 bedroom homes increased by 133.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Eighty Four | $233.8K | $417K | +78.3% |
| North Bethlehem Township | $299.9K | $47.5K | -84.2% |
Housing Supply in Eighty Four, PA
How many homes are available in Eighty Four, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Eighty Four real estate market had 15 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eighty Four 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 increased by 42.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eighty Four, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Eighty Four in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Eighty Four, PA
How long does it take to sell a home in Eighty Four, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 68 Days | 16 Days | -75.8% |
Summary: Homes in Eighty Four had an average of 16 days on market in Mar 2024, down by 75.8% compared to last month.
Breakdown of Home Sale Times
4 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 Eighty Four are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Eighty Four; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
