Is North Oakland, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Oakland has remained a Seller's Market.
Housing Prices in North Oakland, PA
How much do homes in North Oakland, PA cost?
Median Sold Price
$334,900
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Oakland was $334,900 in April 2024, up 17.9% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $164K | $179.9K | +9.7% |
2 Bedrooms | $284K | $300K | +5.6% |
3 Bedrooms | $675.8K | $538.7K | -20.3% |
4 Bedrooms | $1.1M | $725K | -37.0% |
5+ Bedrooms | $892K | $945K | +5.9% |
Summary: North Oakland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes decreased by 37%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Neighborhoods
North Oakland | $284K | $334.9K | +17.9% |
Oakland | $270K | $285K | +5.6% |
Bloomfield | $310K | $320K | +3.2% |
Upper Hill | $103K | $81.4K | -21.0% |
Housing Supply in North Oakland, PA
How many homes are available in North Oakland, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 29 | +3.6% |
Summary: The North Oakland real estate market had 29 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 12 | +9.1% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Oakland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in North Oakland in April 2024, up by 166.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for North Oakland, PA
How long does it take to sell a home in North Oakland, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 95 Days | +2290.6% |
Summary: Homes in North Oakland had an average of 95 days on market in Apr 2024, up by 2290.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in North Oakland; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.