Is Forks Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Forks Township has remained a Seller's Market.
Housing Prices in Forks Township, PA
How much do homes in Forks Township, PA cost?
Median Sold Price
$430,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Forks Township was $430,000 in March 2024, up 14.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $367.2K | $162.5K | -55.7% |
2 Bedrooms | $240K | $250K | +4.2% |
3 Bedrooms | $341.2K | $400K | +17.2% |
4 Bedrooms | $490.2K | $551.8K | +12.6% |
5+ Bedrooms | $557.4K | $510K | -8.5% |
Summary: Forks Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.7%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
Easton | $233.6K | $345.6K | +47.9% |
Forks Township | $376.6K | $430K | +14.2% |
Palmer Township | $333K | $352.5K | +5.9% |
Tatamy | $509.9K | $490K | -3.9% |
Housing Supply in Forks Township, PA
How many homes are available in Forks Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 72 | +5.9% |
Summary: The Forks Township real estate market had 72 homes for sale in March 2024, a 5.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 24 | 21 | -12.5% |
4 Bedrooms | 24 | 29 | +20.8% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Forks Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Forks Township in March 2024, the same as the previous month. Of the 19 sold homes, 21% were sold under asking, 37% were sold at asking, and 42% were sold over asking.
Days on Market for Forks Township, PA
How long does it take to sell a home in Forks Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 19 Days | -33.3% |
Summary: Homes in Forks Township had an average of 19 days on market in Mar 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Forks Township; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.