Is Sheraden, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sheraden was a Seller's Market.
Key Takeaway
Sheraden is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sheraden, PA
How much do homes in Sheraden, PA cost?
Median Sold Price
$100,000
$67/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sheraden have sold for 42.9% more than they did a year ago.
Summary: The median home sold price in Sheraden was $100,000 in April 2024, up 42.9% from last year, and the median price per square foot was $67.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $41K | $54.6K | +33.2% |
| 3 Bedrooms | $64K | $97.7K | +52.7% |
| 4 Bedrooms | $125K | $175K | +40.0% |
| 5+ Bedrooms | $70K | $57K | -18.6% |
Summary: Sheraden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.2%, 3 bedroom homes increased by 52.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 18.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Sheraden | $70K | $100K | +42.9% |
| Elliott | $69K | $98K | +42.0% |
| Crafton Heights | $173K | $170K | -1.7% |
Housing Supply in Sheraden, PA
How many homes are available in Sheraden, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Sheraden real estate market had 25 homes for sale in April 2024, a 7.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sheraden 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sheraden, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Sheraden in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Sheraden, PA
How long does it take to sell a home in Sheraden, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 46 Days | +55.0% |
Summary: Homes in Sheraden had an average of 46 days on market in Apr 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sheraden are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Sheraden; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
