Is Richlandtown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Richlandtown is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

How much do homes in Richlandtown, PA cost?

Median Sold Price

$227,500

$129/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

+$35,500(+18.5%)

Key Takeaway

Homes in Richlandtown have sold for 18.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 --
N/A
3 $192K$227.5K
+18.5%
4 --
N/A
5+ --
N/A

How many homes are available in Richlandtown, PA?

Number of Homes For Sale

Dec 2022Jan 2023%
54-20.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Richlandtown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2022Jan 2023%
4 Days44 Days+1012.5%

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Richlandtown 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 Richlandtown, PA

Richlandtown, PA has 4 homes on the market. The number of homes for sale in Richlandtown, PA decreased by 20% between December 2022 and January 2023. In January 2023, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $227,500. Real estate listing prices changed between January 2022 and January 2023: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 0%, prices of 3 bedrooms properties went up by 18.5%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes did not move, 3 bedrooms homes became 25% less available, 4 bedrooms homes did not move, volume of 5 bedrooms homes stayed the same. In January 2023, from all listings sold in Richlandtown, PA there were more than 1 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.