$4,572 Closing Credit*
$385,000
1,600 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jennifer Hohenberger, Listing Office: Coldwell Banker Realty
Is Gilbertsville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Gilbertsville has remained a Seller's Market.
Key Takeaway
Gilbertsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gilbertsville, PA
How much do homes in Gilbertsville, PA cost?
Median Sold Price
$432,500
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.6%)
Key Takeaway
Homes in Gilbertsville have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Gilbertsville was $432,500 in November 2024, up 0.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315.6K | $286K | -9.4% |
| 3 Bedrooms | $370K | $379K | +2.4% |
| 4 Bedrooms | $500K | $505.5K | +1.1% |
| 5+ Bedrooms | $542.7K | $578K | +6.5% |
Summary: Gilbertsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| New Hanover Township | $449.7K | $476.2K | +5.9% |
| Upper Pottsgrove Township | $384.9K | $399.9K | +3.9% |
| Douglass Township | $390K | $400K | +2.6% |
| Gilbertsville | $430K | $432.5K | +0.6% |
Housing Supply in Gilbertsville, PA
How many homes are available in Gilbertsville, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 37 | -11.9% |
Summary: The Gilbertsville real estate market had 37 homes for sale in November 2024, a 11.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 25 | 19 | -24.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Gilbertsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 7 | -53.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gilbertsville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Gilbertsville in November 2024, down by 53.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Gilbertsville, PA
How long does it take to sell a home in Gilbertsville, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 12 Days | -22.8% |
Summary: Homes in Gilbertsville had an average of 12 days on market in Nov 2024, down by 22.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gilbertsville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Gilbertsville; 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.
