Is Jonestown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Jonestown was a Buyer's Market.
Key Takeaway
Jonestown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jonestown, PA
How much do homes in Jonestown, PA cost?
Median Sold Price
$392,500
$165/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Jonestown have sold for 18.9% more than they did a month ago.
Summary: The median home sold price in Jonestown was $392,500 in March 2024, up 18.9% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $218K | N/A |
| 3 Bedrooms | $330K | $397.4K | +20.4% |
| 4 Bedrooms | - | $480K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Jonestown 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%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Union Township | $330K | $397.4K | +20.4% |
| Jonestown | $330K | $392.5K | +18.9% |
Housing Supply in Jonestown, PA
How many homes are available in Jonestown, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Jonestown real estate market had 18 homes for sale in March 2024, a 5.9% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Jonestown 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jonestown, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Jonestown in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Jonestown, PA
How long does it take to sell a home in Jonestown, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 Days | 12 Days | +50.0% |
Summary: Homes in Jonestown had an average of 12 days on market in Mar 2024, up by 50% compared to last month.
Breakdown of Home Sale Times
4 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 Jonestown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Jonestown; 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.
