Is Grindstone, 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, Grindstone has remained a Seller's Market.
Key Takeaway
Grindstone is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grindstone, PA
How much do homes in Grindstone, PA cost?
Median Sold Price
$15,000
$11/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Grindstone have sold for 89.5% less than they did a month ago.
Summary: The median home sold price in Grindstone was $15,000 in May 2024, down 89.5% from last month, and the median price per square foot was $11.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $15K | -90.6% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $125.6K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Grindstone 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 decreased by 90.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Redstone Township | $113K | $145K | +28.3% |
| Jefferson Township | $227.5K | $219K | -3.7% |
| Grindstone | $142.8K | $15K | -89.5% |
Housing Supply in Grindstone, PA
How many homes are available in Grindstone, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Grindstone real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grindstone housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grindstone, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Grindstone in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Grindstone, PA
How long does it take to sell a home in Grindstone, PA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 84 Days | 57 Days | -32.5% |
Summary: Homes in Grindstone had an average of 57 days on market in May 2024, down by 32.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grindstone has remained consistent over time.
Summary: During May 2024, 1 homes were sold in Grindstone; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
