Is Potter Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Potter Township has remained a Buyer's Market.
Key Takeaway
Potter Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Potter Township, PA
How much do homes in Potter Township, PA cost?
Median Sold Price
$312,500
$130/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Potter Township have sold for 81.2% more than they did a month ago.
Summary: The median home sold price in Potter Township was $312,500 in March 2024, up 81.2% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $335K | N/A |
| 4 Bedrooms | - | $290K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Potter Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Potter Township | $172.5K | $312.5K | +81.2% |
| Centre Hall | $420K | $290K | -31.0% |
| Milroy | $169.9K | $80K | -52.9% |
Housing Supply in Potter Township, PA
How many homes are available in Potter Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The Potter Township real estate market had 31 homes for sale in March 2024, a 14.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Potter Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 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
Key Takeaway
If you're buying a home in Potter Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Potter Township in March 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 Potter Township, PA
How long does it take to sell a home in Potter Township, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 Days | 83 Days | +937.5% |
Summary: Homes in Potter Township had an average of 83 days on market in Mar 2024, up by 937.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Potter Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Potter Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
