Is Slatington, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Slatington has remained a Seller's Market.
Key Takeaway
Slatington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Slatington, PA
How much do homes in Slatington, PA cost?
Median Sold Price
$265,500
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Slatington have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Slatington was $265,500 in April 2024, up 14.2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $200K | +25.0% |
| 3 Bedrooms | $199.9K | $250K | +25.0% |
| 4 Bedrooms | $225.5K | $372K | +65.0% |
| 5+ Bedrooms | $300K | $360K | +20.0% |
Summary: Slatington 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 25%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 65%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
| Walnutport | $261.4K | $325K | +24.3% |
| Slatington | $232.5K | $265.5K | +14.2% |
| Lehigh Township | $321.2K | $335K | +4.3% |
| Washington Township | $233.7K | $229.1K | -2.0% |
Housing Supply in Slatington, PA
How many homes are available in Slatington, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Slatington real estate market had 23 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 11 | +83.3% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Slatington 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 50%, 3 bedroom homes increased by 83.3%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Slatington, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Slatington in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Slatington, PA
How long does it take to sell a home in Slatington, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 12 Days | -67.8% |
Summary: Homes in Slatington had an average of 12 days on market in Apr 2024, down by 67.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Slatington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Slatington; 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.
