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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rimersburg is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Rimersburg, PA

How much do homes in Rimersburg, PA cost?

Median Sold Price

$184,700

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$24,700(+15.4%)

Key Takeaway

Homes in Rimersburg have sold for 15.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $160K-
N/A
5+ -$184.7K
N/A

Summary: Rimersburg housing prices by bedroom type for April 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.

Housing Supply in Rimersburg, PA

How many homes are available in Rimersburg, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The Rimersburg real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 01
+100.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Rimersburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Rimersburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rimersburg in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rimersburg, PA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
53 Days12 Days-77.4%

Summary: Homes in Rimersburg had an average of 12 days on market in Apr 2024, down by 77.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Rimersburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Apr 1, 2024

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