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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eldred Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Eldred Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Eldred Township, PA

How much do homes in Eldred Township, PA cost?

Median Sold Price

$136,450

$114/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$22,550(-14.2%)

Key Takeaway

Homes in Eldred Township have sold for 14.2% less than they did a month ago.

Summary: The median home sold price in Eldred Township was $136,450 in April 2024, down 14.2% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$100K
N/A
3 -$172.9K
N/A
4 $159K-
N/A
5+ --
N/A

Summary: Eldred Township 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Eldred Township, PA

How many homes are available in Eldred Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
76-14.3%

Summary: The Eldred Township real estate market had 6 homes for sale in April 2024, a 14.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Eldred Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Eldred Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Eldred Township, PA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
173 Days183 Days+5.8%

Summary: Homes in Eldred Township had an average of 183 days on market in Apr 2024, up by 5.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Eldred Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 2 homes were sold in Eldred Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 5 Days Ago

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