Is Furlong, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Furlong has remained a Buyer's Market.
Key Takeaway
Furlong is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Furlong, PA
How much do homes in Furlong, PA cost?
Median Sold Price
$585,000
$253/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Furlong have sold for 36.6% less than they did a month ago.
Summary: The median home sold price in Furlong was $585,000 in March 2024, down 36.6% from last month, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $535K | N/A |
| 4 Bedrooms | $895K | $915K | +2.2% |
| 5+ Bedrooms | $950K | $870K | -8.4% |
Summary: Furlong 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 2.2%, and 5+ bedroom homes decreased by 8.4%.
Housing Supply in Furlong, PA
How many homes are available in Furlong, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Summary: The Furlong real estate market had 40 homes for sale in March 2024, a 14.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Furlong 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 16.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Furlong, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Furlong in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Furlong, PA
How long does it take to sell a home in Furlong, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 19 Days | -14.7% |
Summary: Homes in Furlong had an average of 19 days on market in Mar 2024, down by 14.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Furlong are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Furlong; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
