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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hegins is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hegins has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hegins, PA

How much do homes in Hegins, PA cost?

Median Sold Price

$405,100

$175/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$153,100(+60.8%)

Key Takeaway

Homes in Hegins have sold for 60.8% more than they did a month ago.

Summary: The median home sold price in Hegins was $405,100 in April 2024, up 60.8% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $221K$405.1K
+83.3%
4 $283K-
N/A
5+ --
N/A

Summary: Hegins 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 increased by 83.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hegins
+60.8%
Hegins Township
+60.8%
Porter Township
-8.3%

Housing Supply in Hegins, PA

How many homes are available in Hegins, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
54-20.0%

Summary: The Hegins real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 43
-25.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Hegins 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hegins, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hegins in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hegins, PA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
47 Days8 Days-83.2%

Summary: Homes in Hegins had an average of 8 days on market in Apr 2024, down by 83.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Hegins; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Hegins, PA

Nearby Markets to Hegins, PA