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

Housing Market Conditions



Gauge showing Tobyhanna is a seller'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



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Tobyhanna have sold for 30.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 --
2 $105K$190.5K
3 $160K$225K
4 $252.5K$298.5K
5+ $266.5K$250K

Median Sold Price Compared To Nearby Cities

Coolbaugh Township

How many homes are available in Tobyhanna, PA?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
2 32
3 2628
4 88
5+ 34

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022Feb 2023%
9 Days56 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tobyhanna has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tobyhanna, PA

Tobyhanna, PA has 42 homes for sale to choose from. In February 2023 in Tobyhanna, PA there were 5% more homes for sale than in January 2023. Listings spent 56 days on the market in February 2023, and had a median list price of $242,000 during the same period. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 81.4%, 3 bedrooms properties became 40.6% more expensive, 4 bedrooms properties became 18.2% more expensive, 5 bedrooms properties prices decreased by 6.2%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 33.3%, 3 bedrooms homes inventory increased by 7.7%, 4 bedrooms homes did not move, volume of 5 bedrooms homes went up by 33.3%. In February 2023, from all listings sold in Tobyhanna, PA there were more than 0 sold above asking price, over 10 sold below and more than 0 were sold right at the asked price.

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