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

Housing Market Conditions



Gauge showing Riegelsville is a seller's market


Difference Since March 2023

Since last year, Riegelsville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Riegelsville, PA

How much do homes in Riegelsville, PA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Riegelsville have sold for 41.6% more than they did a year ago.

Summary: The median home sold price in Riegelsville was $511,250 in March 2024, up 41.6% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$259.9K
2 $300K$262.4K
3 $359K$359K
4 $392.5K$645K
5+ $767K$840K

Summary: Riegelsville 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 12.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Cities

Williams Township
Holland Township
Pohatcong Township

Housing Supply in Riegelsville, PA

How many homes are available in Riegelsville, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Riegelsville real estate market had 15 homes for sale in March 2024, a 6.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
2 22
3 22
4 53
5+ 67

Summary: The Riegelsville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riegelsville, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Riegelsville in March 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Riegelsville, PA

How long does it take to sell a home in Riegelsville, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days41 Days-1.6%

Summary: Homes in Riegelsville had an average of 41 days on market in Mar 2024, down by 1.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Riegelsville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Riegelsville; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

Newest Listings in Riegelsville, PA

Nearby Markets to Riegelsville, PA

What housing markets are near Riegelsville, PA?