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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Slatington is a seller's market

Buyer's
Market

Difference Since September 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

$265,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$15,000(+6.0%)

Key Takeaway

Homes in Slatington have sold for 6% more than they did a year ago.

Summary: The median home sold price in Slatington was $265,000 in September 2024, up 6% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $223K-
N/A
2 $180K$205K
+13.9%
3 $228K$250K
+9.6%
4 $361.4K$300.5K
-16.9%
5+ $300K$420K
+40.0%

Summary: Slatington housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes increased by 40%.

Median Sold Price Compared To Nearby Cities

Lehigh Township
+17.4%
Walnutport
+14.7%
Slatington
+6.0%
Washington Township
+4.4%

Housing Supply in Slatington, PA

How many homes are available in Slatington, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4438-13.6%

Summary: The Slatington real estate market had 38 homes for sale in September 2024, a 13.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2420
-16.7%
4 1412
-14.3%
5+ 54
-20.0%

Summary: The Slatington housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Slatington, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Slatington in September 2024, up by 8.3% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% 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

Sep 2023Sep 2024CHANGE
11 Days21 Days+86.9%

Summary: Homes in Slatington had an average of 21 days on market in Sep 2024, up by 86.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 13 homes were sold in Slatington; 54% of homes were sold within 30 days, 46% 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 30 Days Ago

Newest Listings in Slatington, PA

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