Is Tobyhanna, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
Since last year, Tobyhanna has remained a Seller's Market.
Key Takeaway
Tobyhanna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Tobyhanna, PA cost?
Median Sold Price
$242,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$57,000(+30.8%)
Key Takeaway
Homes in Tobyhanna have sold for 30.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $190.5K | +81.4% |
| 3 Bedrooms | $160K | $225K | +40.6% |
| 4 Bedrooms | $252.5K | $298.5K | +18.2% |
| 5+ Bedrooms | $266.5K | $250K | -6.2% |
Median Sold Price Compared To Nearby Cities
| Tobyhanna | $185K | $242K | +30.8% |
| Coolbaugh Township | $206.7K | $250K | +20.9% |
How many homes are available in Tobyhanna, PA?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 40 | 42 | +5.0% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tobyhanna, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 9 Days | 56 Days | +522.2% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tobyhanna has remained consistent over time.
