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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stevens is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Stevens was a Buyer's Market.

Key Takeaway

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

Housing Prices in Stevens, PA

How much do homes in Stevens, PA cost?

Median Sold Price

$315,750

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,750(+1.9%)

Key Takeaway

Homes in Stevens have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Stevens was $315,750 in March 2024, up 1.9% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $187.4K$285K
+52.0%
3 $305.2K$310K
+1.6%
4 $342.5K$444.9K
+29.9%
5+ $450.2K$421K
-6.5%

Summary: Stevens 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 increased by 52%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Cities

Denver
+13.5%
East Cocalico Township
+9.1%
Stevens
+1.9%
Ephrata Township
-1.4%

Housing Supply in Stevens, PA

How many homes are available in Stevens, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2118-14.3%

Summary: The Stevens real estate market had 18 homes for sale in March 2024, a 14.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1210
-16.7%
4 87
-12.5%
5+ 00
0.0%

Summary: The Stevens 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 decreased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stevens, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Stevens in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Stevens, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
6 Days49 Days+719.4%

Summary: Homes in Stevens had an average of 49 days on market in Mar 2024, up by 719.4% compared to last year.

Breakdown of Home Sale Times

5 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 Stevens are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Stevens; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 26 Days Ago

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