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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eldred is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Eldred has remained a Buyer's Market.

Key Takeaway

Eldred is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Eldred, PA

How much do homes in Eldred, PA cost?

Median Sold Price

$157,000

$133/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$34,100(-17.8%)

Key Takeaway

Homes in Eldred have sold for 17.8% less than they did a month ago.

Summary: The median home sold price in Eldred was $157,000 in September 2024, down 17.8% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $191.1K$157K
-17.8%
4 --
N/A
5+ --
N/A

Summary: Eldred housing prices by bedroom type for September 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 17.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Eldred
-17.8%
Eldred Township
-17.8%

Housing Supply in Eldred, PA

How many homes are available in Eldred, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1413-7.1%

Summary: The Eldred real estate market had 13 homes for sale in September 2024, a 7.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 88
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Eldred housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eldred, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Eldred in September 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Eldred, PA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
8 Days18 Days+125.0%

Summary: Homes in Eldred had an average of 18 days on market in Sep 2024, up by 125% compared to last month.

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

Summary: During September 2024, 1 homes were sold in Eldred; 100% 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 Sep 1, 2024

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