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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Narvon is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Narvon was a Seller's Market.

Key Takeaway

Narvon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Narvon, PA cost?

Median Sold Price

$335,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$20,000(+6.3%)

Key Takeaway

Homes in Narvon have sold for 6.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $225K$235K
+4.4%
3 $308.4K$305K
-1.1%
4 $350K$432.5K
+23.6%
5+ $485K$500K
+3.1%

Median Sold Price Compared To Nearby Cities

East Earl Township
+27.3%
East Earl
+26.2%
Narvon
+6.3%
Brecknock Township
+2.5%

How many homes are available in Narvon, PA?

Number of Homes For Sale

Dec 2022Jan 2023%
46+50.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 22
0.0%
5+ 12
+100.0%

Number of Homes Sold

Dec 2022Jan 2023%
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Narvon, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Jan 2022Jan 2023%
7 Days8 Days+14.3%

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 Narvon are selling fast, if you're buying plan to act quickly.

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

About Narvon, PA

There are 6 homes are for sale in Narvon, PA real estate market. The number of homes for sale in Narvon, PA increased by 50% between December 2022 and January 2023. While the average time on the market in January 2023 was 8 days, the median list price was $335,000. Real estate listing prices changed between December 2022 and January 2023: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 4.4% more expensive, prices of 3 bedrooms properties decreased by 1.1%, prices of 4 bedrooms properties increased by 23.6%, prices of 5 bedrooms properties increased by 3.1%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 100%, 4 bedrooms homes did not move, volume of 5 bedrooms homes went up by 100%. Narvon, PA housing market in January 2023 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below.

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