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

Housing Market Conditions



Gauge showing Gilbertsville is a seller's market


Difference Since November 2022

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



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

The sold price of homes in Gilbertsville has remained the same since last year.

Summary: The median home sold price in Gilbertsville was $430,111 in November 2023, up 0.2% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
2 $221K$315.6K
3 $357.4K$370K
4 $487.6K$500K
5+ $590K$542.7K

Summary: Gilbertsville housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.8%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 8%.

Median Sold Price Compared To Nearby Cities

Upper Pottsgrove Township
New Hanover Township
Douglass Township

Housing Supply in Gilbertsville, PA

How many homes are available in Gilbertsville, PA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Gilbertsville real estate market had 49 homes for sale in November 2023, a 14.0% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
2 21
3 2319
4 2726
5+ 53

Summary: The Gilbertsville housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gilbertsville, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Gilbertsville in November 2023, down by 37.5% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% 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 2022Nov 2023CHANGE
26 Days16 Days-36.8%

Summary: Homes in Gilbertsville had an average of 16 days on market in Nov 2023, down by 36.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gilbertsville are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 10 homes were sold in Gilbertsville; 90% of homes were sold within 30 days, 10% 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 5 Days Ago

Newest Listings in Gilbertsville, PA

Nearby Markets to Gilbertsville, PA

What housing markets are near Gilbertsville, PA?