Is Tower City, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tower City is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Tower City has remained a Neutral Market.

Key Takeaway

Tower City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Tower City, PA cost?

Median Sold Price

$124,625

$70/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

+$44,625(+55.8%)

Key Takeaway

Homes in Tower City have sold for 55.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 $80K-
N/A
3 -$124.6K
N/A
4 --
N/A
5+ --
N/A

How many homes are available in Tower City, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
76-14.3%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 21
-50.0%
3 22
0.0%
4 22
0.0%
5+ 11
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Tower City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2022Dec 2022%
79 Days46 Days-41.8%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tower City has remained consistent over time.

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

About Tower City, PA

Number of homes for sale in Tower City, PA real estate market have reached 6. The number of homes for sale in Tower City, PA decreased by 14.3% between November 2022 and December 2022. While the average time on the market in December 2022 was 46 days, the median list price was $124,625. Listing prices have changed in this real estate market between December 2021 and December 2022: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties increased by 0%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 50%, 3 bedrooms homes inventory did not change, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed. In December 2022, from all listings sold in Tower City, PA there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.