Is Philipsburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Philipsburg was a Seller's Market.
Housing Prices in Philipsburg, PA
How much do homes in Philipsburg, PA cost?
Median Sold Price
$170,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Philipsburg was $170,000 in April 2024, up 21.5% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | - | N/A |
2 Bedrooms | $135K | $124K | -8.1% |
3 Bedrooms | $129.9K | $175K | +34.7% |
4 Bedrooms | $146.2K | $192.6K | +31.7% |
5+ Bedrooms | $195K | $670K | +243.6% |
Summary: Philipsburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 34.7%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes increased by 243.6%.
Housing Supply in Philipsburg, PA
How many homes are available in Philipsburg, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Philipsburg real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Philipsburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Philipsburg in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Philipsburg, PA
How long does it take to sell a home in Philipsburg, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 70 Days | +101.9% |
Summary: Homes in Philipsburg had an average of 70 days on market in Apr 2024, up by 101.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Philipsburg; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.