Is Kunkletown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Kunkletown was a Seller's Market.
Key Takeaway
Kunkletown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kunkletown, PA
How much do homes in Kunkletown, PA cost?
Median Sold Price
$277,450
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kunkletown have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Kunkletown was $277,450 in March 2024, up 4.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $247.3K | $227.5K | -8.0% |
| 3 Bedrooms | $240K | $287K | +19.6% |
| 4 Bedrooms | $352.5K | $440K | +24.8% |
| 5+ Bedrooms | $285K | $359.9K | +26.3% |
Summary: Kunkletown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 26.3%.
Median Sold Price Compared To Nearby Cities
| Polk Township | $285K | $299K | +4.9% |
| Kunkletown | $265K | $277.4K | +4.7% |
| Eldred Township | $220K | $170K | -22.7% |
Housing Supply in Kunkletown, PA
How many homes are available in Kunkletown, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 32 | +18.5% |
Summary: The Kunkletown real estate market had 32 homes for sale in March 2024, a 18.5% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 2 | 8 | +300.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Kunkletown 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 increased by 20%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
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.
Summary: A total of 4 homes were sold or pending in Kunkletown in March 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Kunkletown, PA
How long does it take to sell a home in Kunkletown, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 12 Days | -72.6% |
Summary: Homes in Kunkletown had an average of 12 days on market in Mar 2024, down by 72.6% compared to last year.
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 Kunkletown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Kunkletown; 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.
