Is Upper Black Eddy, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Black Eddy is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Upper Black Eddy was a Seller's Market.

Key Takeaway

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

Housing Prices in Upper Black Eddy, PA

How much do homes in Upper Black Eddy, PA cost?

Median Sold Price

$490,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+6.5%)

Key Takeaway

Homes in Upper Black Eddy have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Upper Black Eddy was $490,000 in October 2024, up 6.5% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $281.5K-
N/A
2 $380K$450K
+18.4%
3 $460K$450K
-2.2%
4 $722.5K$730K
+1.0%
5+ $1.5M$1.0M
-29.5%

Summary: Upper Black Eddy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 29.5%.

Median Sold Price Compared To Nearby Cities

Milford
+35.3%
Upper Black Eddy
+6.5%
Frenchtown
+5.9%

Housing Supply in Upper Black Eddy, PA

How many homes are available in Upper Black Eddy, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1014+40.0%

Summary: The Upper Black Eddy real estate market had 14 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 68
+33.3%
4 46
+50.0%
5+ 00
0.0%

Summary: The Upper Black Eddy housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Black Eddy, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Upper Black Eddy in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Upper Black Eddy, PA

How long does it take to sell a home in Upper Black Eddy, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days46 Days+11.6%

Summary: Homes in Upper Black Eddy had an average of 46 days on market in Oct 2024, up by 11.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Upper Black Eddy are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Upper Black Eddy; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Upper Black Eddy, PA

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