Is Carbon County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Carbon County has remained a Seller's Market.
Key Takeaway
Carbon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carbon County, PA
How much do homes in Carbon County, PA cost?
Median Sold Price
$236,833
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Carbon County have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Carbon County was $236,833 in April 2024, up 4.9% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $224.5K | +66.3% |
| 2 Bedrooms | $166.9K | $166.5K | -0.2% |
| 3 Bedrooms | $227.5K | $229.7K | +1.0% |
| 4 Bedrooms | $268K | $310K | +15.7% |
| 5+ Bedrooms | $281.5K | $328.2K | +16.6% |
Summary: Carbon County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.3%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 16.6%.
Median Sold Price Compared To Nearby Counties
| Northampton County | $300K | $325.3K | +8.4% |
| Lehigh County | $296.3K | $320.1K | +8.0% |
| Monroe County | $289.9K | $305K | +5.2% |
| Carbon County | $225.7K | $236.8K | +4.9% |
Housing Supply in Carbon County, PA
How many homes are available in Carbon County, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 278 | 265 | -4.7% |
Summary: The Carbon County real estate market had 265 homes for sale in April 2024, a 4.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 33 | 29 | -12.1% |
| 3 Bedrooms | 143 | 135 | -5.6% |
| 4 Bedrooms | 63 | 63 | 0.0% |
| 5+ Bedrooms | 39 | 38 | -2.6% |
Summary: The Carbon County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 2.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 | 54 | -14.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carbon County, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Carbon County in April 2024, down by 14.3% month-over-month. Of the 54 sold homes, 46% were sold under asking, 24% were sold at asking, and 30% were sold over asking.
Days on Market for Carbon County, PA
How long does it take to sell a home in Carbon County, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 29 Days | -13.8% |
Summary: Homes in Carbon County had an average of 29 days on market in Apr 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carbon County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 54 homes were sold in Carbon County; 67% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
