Is New Bloomfield, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Bloomfield is a seller's market

Buyer's
Market

Difference Since October 2021

At the same time last year, New Bloomfield was a Buyer's Market.

Key Takeaway

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

How much do homes in New Bloomfield, PA cost?

Median Sold Price

$250,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$20,100(+8.7%)

Key Takeaway

Homes in New Bloomfield have sold for 8.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $82.5K-
N/A
2 $245K$170K
-30.6%
3 $149.9K$276.5K
+84.5%
4 $302.4K$272.5K
-9.9%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

New Bloomfield
+8.7%
Carroll Township
+2.6%

How many homes are available in New Bloomfield, PA?

Number of Homes For Sale

Sep 2022Oct 2022%
550.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 01
+100.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Oct 2021Oct 2022%
11 Days4 Days-63.6%

Breakdown of Home Sale Times

2 Homes Were 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 New Bloomfield 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 New Bloomfield, PA

Number of homes for sale in New Bloomfield, PA real estate market have reached 5. The median list price of listings available in October 2022 was $250,000, while the average time on the real estate market was 4 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 30.6%, 3 bedrooms properties prices increased by 84.5%, prices of 4 bedrooms properties decreased by 9.9%, 5 bedrooms properties prices increased by 0%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, number of 3 bedrooms homes decreased by 25%, 4 bedrooms homes became 100% more available, 5 bedrooms homes inventory did not change. Over 1 listings were sold over their listed price in October 2022 in New Bloomfield, PA. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.