Is Coaldale, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Coaldale was a Seller's Market.
Key Takeaway
Coaldale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Coaldale, PA
How much do homes in Coaldale, PA cost?
Median Sold Price
$102,000
$64/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Coaldale have sold for 56.9% more than they did a month ago.
Summary: The median home sold price in Coaldale was $102,000 in May 2024, up 56.9% from last month, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65K | - | N/A |
| 3 Bedrooms | $65K | $102K | +56.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Coaldale housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 56.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Coaldale | $65K | $102K | +56.9% |
| Summit Hill | $140K | $129.2K | -7.7% |
Housing Supply in Coaldale, PA
How many homes are available in Coaldale, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The Coaldale real estate market had 17 homes for sale in May 2024, a 10.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Coaldale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coaldale, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Coaldale in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Coaldale, PA
How long does it take to sell a home in Coaldale, PA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 Days | 23 Days | +31.4% |
Summary: Homes in Coaldale had an average of 23 days on market in May 2024, up by 31.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coaldale are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Coaldale; 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.
