Is Jacobus, 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, Jacobus has remained a Seller's Market.
Key Takeaway
Jacobus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacobus, PA
How much do homes in Jacobus, PA cost?
Median Sold Price
$275,000
$149/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Jacobus have sold for 5.2% less than they did a month ago.
Summary: The median home sold price in Jacobus was $275,000 in March 2024, down 5.2% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $249.9K | $300K | +20.0% |
| 4 Bedrooms | $330K | $250K | -24.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jacobus 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 increased by 20%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes did not change.
Housing Supply in Jacobus, PA
How many homes are available in Jacobus, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Jacobus real estate market had 7 homes for sale in March 2024, a 12.5% decrease 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 | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Jacobus 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 decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jacobus, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Jacobus in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Jacobus, PA
How long does it take to sell a home in Jacobus, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 29 Days | -39.8% |
Summary: Homes in Jacobus had an average of 29 days on market in Mar 2024, down by 39.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacobus are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Jacobus; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
