Is Tioga, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Tioga has remained a Buyer's Market.
Key Takeaway
Tioga is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tioga, PA
How much do homes in Tioga, PA cost?
Median Sold Price
$147,500
$106/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Tioga have sold for 47.6% more than they did a month ago.
Summary: The median home sold price in Tioga was $147,500 in March 2024, up 47.6% from last month, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $99.9K | $127.9K | +28.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $210K | N/A |
Summary: Tioga housing prices by bedroom type for March 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 increased by 28%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Tioga, PA
How many homes are available in Tioga, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 169 | 171 | +1.2% |
Summary: The Tioga real estate market had 171 homes for sale in March 2024, a 1.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 90 | 86 | -4.4% |
| 4 Bedrooms | 40 | 43 | +7.5% |
| 5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The Tioga 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 increased by 20%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tioga, 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 Tioga in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Tioga, PA
How long does it take to sell a home in Tioga, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 59 Days | +51.9% |
Summary: Homes in Tioga had an average of 59 days on market in Mar 2024, up by 51.9% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tioga are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Tioga; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
