Is Pocono Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pocono Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pocono Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Pocono Township, PA cost?

Median Sold Price

$292,000

$200/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

+$34,500(+13.4%)

Key Takeaway

Homes in Pocono Township have sold for 13.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 --
N/A
3 $240K$273K
+13.8%
4 $210K$378.5K
+80.2%
5+ $415K-
N/A

Median Sold Price Compared To Nearby Cities

Pocono Township
+13.4%
Henryville
+0.7%
Scotrun
-34.2%

How many homes are available in Pocono Township, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
1715-11.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 64
-33.3%
5+ 22
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
43-25.0%

Asking Price vs. Sold Price

2 Homes Were 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 Pocono Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2022Dec 2022%
21 Days8 Days-60.8%

Breakdown of Home Sale Times

3 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 Pocono Township 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 Pocono Township, PA

There are 15 homes are for sale in Pocono Township, PA real estate market. The inventory of homes for sale in Pocono Township, PA between November 2022 and December 2022 decreased by 11.8%. Listings spent 8 days on the market in December 2022, and had a median list price of $292,000 during the same period. From December 2021 through December 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 13.8%, 4 bedrooms properties became 80.2% more expensive, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, 3 bedrooms homes inventory did not change, the quantity of 4 bedrooms homes went down by 33.3%, 5 bedrooms homes inventory did not change. Pocono Township, PA housing market in December 2022 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.

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