Is Coolbaugh Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Coolbaugh Township was a Seller's Market.
Key Takeaway
Coolbaugh Township 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 Coolbaugh Township, PA
How much do homes in Coolbaugh Township, PA cost?
Median Sold Price
$250,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Coolbaugh Township have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Coolbaugh Township was $250,000 in April 2024, up 0.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $200.9K | $209.9K | +4.4% |
| 3 Bedrooms | $230K | $250K | +8.7% |
| 4 Bedrooms | $280K | $262.5K | -6.3% |
| 5+ Bedrooms | $315K | $375K | +19.0% |
Summary: Coolbaugh Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 19%.
Housing Supply in Coolbaugh Township, PA
How many homes are available in Coolbaugh Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 98 | 102 | +4.1% |
Summary: The Coolbaugh Township real estate market had 102 homes for sale in April 2024, a 4.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 57 | 60 | +5.3% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Coolbaugh Township 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 14.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coolbaugh Township, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Coolbaugh Township in April 2024, down by 19.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.
Days on Market for Coolbaugh Township, PA
How long does it take to sell a home in Coolbaugh Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 63 Days | +96.3% |
Summary: Homes in Coolbaugh Township had an average of 63 days on market in Apr 2024, up by 96.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coolbaugh Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in Coolbaugh Township; 47% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
