Is Pine Grove Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Pine Grove Township was a Neutral Market.
Housing Prices in Pine Grove Township, PA
How much do homes in Pine Grove Township, PA cost?
Median Sold Price
$244,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Pine Grove Township was $244,000 in February 2024, down 7.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $141.7K | N/A |
2 Bedrooms | $147.5K | $176K | +19.3% |
3 Bedrooms | $250K | $291.5K | +16.6% |
4 Bedrooms | $310K | $360K | +16.1% |
5+ Bedrooms | $687.5K | $330K | -52.0% |
Summary: Pine Grove Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 52%.
Median Sold Price Compared To Nearby Cities
Washington Township | $220K | $216.5K | -1.6% |
Pine Grove Township | $263K | $244K | -7.2% |
Tremont Township | $234.5K | $112K | -52.2% |
Housing Supply in Pine Grove Township, PA
How many homes are available in Pine Grove Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 20 | +33.3% |
Summary: The Pine Grove Township real estate market had 20 homes for sale in February 2024, a 33.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pine Grove Township housing inventory by bedroom type for February 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 28.6%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Pine Grove Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pine Grove Township, PA
How long does it take to sell a home in Pine Grove Township, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
37 Days | 34 Days | -8.1% |
Summary: Homes in Pine Grove Township had an average of 34 days on market in Feb 2024, down by 8.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Pine Grove Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.