Is Upper Black Eddy, 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, Upper Black Eddy has remained a Seller's Market.
Key Takeaway
Upper Black Eddy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Upper Black Eddy, PA cost?
Median Sold Price
$308,500
$260/sqft
Based on all homes sold in August 2023.
Difference Since Last Month
Key Takeaway
Homes in Upper Black Eddy have sold for 30.7% less than they did a month ago.
Summary: The median home sold price in Upper Black Eddy was $308,500 in August 2023, down 30.7% from last month, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $420K | $471K | +12.1% |
| 3 Bedrooms | $470K | $271K | -42.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.5M | - | N/A |
Summary: Upper Black Eddy housing prices by bedroom type for August 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 42.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Frenchtown | $571K | $610K | +6.8% |
| Milford | $625K | $451K | -27.8% |
| Upper Black Eddy | $445K | $308.5K | -30.7% |
| Bridgeton Township | $1.5M | $217.1K | -85.8% |
Housing Supply
How many homes are available in Upper Black Eddy, PA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Upper Black Eddy real estate market had 26 homes for sale in August 2023, a 13.0% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Upper Black Eddy housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Black Eddy, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Upper Black Eddy in August 2023, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market
How long does it take to sell a home in Upper Black Eddy, PA?
Average Sale Time
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 9 Days | 10 Days | +11.1% |
Summary: Homes in Upper Black Eddy had an average of 10 days on market in Aug 2023, up by 11.1% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Black Eddy are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 6 homes were sold in Upper Black Eddy; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
