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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kunkletown is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Kunkletown has remained a Seller's Market.

Key Takeaway

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

How much do homes in Kunkletown, PA cost?

Median Sold Price

$267,450

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

-$2,050(-0.8%)

Key Takeaway

Homes in Kunkletown have sold for 0.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $70K-
N/A
2 $137.4K$270K
+96.4%
3 $250K$232.4K
-7.0%
4 $346K$322K
-6.9%
5+ $735K$285K
-61.2%

Median Sold Price Compared To Nearby Cities

Polk Township
+1.1%
Kunkletown
-0.8%

How many homes are available in Kunkletown, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
2728+3.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 53
-40.0%
3 1616
0.0%
4 58
+60.0%
5+ 11
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kunkletown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
16 Days48 Days+193.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kunkletown has remained consistent over time.

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

About Kunkletown, PA

Homes for sale in Kunkletown, PA have reached 28. In December 2022 in Kunkletown, PA there were 3.7% more homes for sale than in November 2022. Listings spent 48 days on the market in December 2022, and had a median list price of $267,450 during the same period. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 96.4% more expensive, the cost of 3 bedrooms properties went down by 7%, 4 bedrooms properties prices decreased by 6.9%, prices of 5 bedrooms properties decreased by 61.2%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes became 40% less available, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes increased by 60%, 5 bedrooms homes did not move. While more than 3 listings in Kunkletown, PA in December 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.

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