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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riegelsville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Riegelsville was a Neutral Market.

Key Takeaway

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

How much do homes in Riegelsville, PA cost?

Median Sold Price

$441,000

$147/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

+$141,000(+47.0%)

Key Takeaway

Homes in Riegelsville have sold for 47% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 --
N/A
2 -$218K
N/A
3 $300K-
N/A
4 -$664K
N/A
5+ --
N/A

How many homes are available in Riegelsville, PA?

Number of Homes For Sale

Jan 2023Feb 2023%
770.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 33
0.0%
3 10
-100.0%
4 33
0.0%
5+ 01
+100.0%

Number of Homes Sold

Jan 2023Feb 2023%
14+300.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riegelsville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jan 2023Feb 2023%
17 Days88 Days+417.6%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Riegelsville has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Riegelsville, PA

Homes for sale in Riegelsville, PA have reached 7. Listings spent 88 days on the market in February 2023, and had a median list price of $441,000 during the same period. From February 2022 through February 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, the cost of 3 bedrooms properties went up by 0%, the cost of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, 3 bedrooms homes became 100% less available, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes went up by 100%. Riegelsville, PA housing market in February 2023 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 4 sold below.

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