Is Reedsville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Reedsville has remained a Neutral Market.
Housing Prices in Reedsville, PA
How much do homes in Reedsville, PA cost?
Median Sold Price
$220,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Reedsville was $220,000 in March 2024, down 3.1% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $218.5K | $158.7K | -27.3% |
3 Bedrooms | $215K | $220K | +2.3% |
4 Bedrooms | $355K | $220K | -38.0% |
5+ Bedrooms | - | - | N/A |
Summary: Reedsville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 38%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Derry Township | $141K | $180K | +27.7% |
Reedsville | $227K | $220K | -3.1% |
Brown Township | $232.5K | $220K | -5.4% |
Housing Supply in Reedsville, PA
How many homes are available in Reedsville, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Summary: The Reedsville real estate market had 14 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Reedsville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Reedsville in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Reedsville, PA
How long does it take to sell a home in Reedsville, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
6 Days | 50 Days | +741.7% |
Summary: Homes in Reedsville had an average of 50 days on market in Mar 2024, up by 741.7% compared to last year.
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
Summary: During March 2024, 2 homes were sold in Reedsville; 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.