Is Kunkletown, 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, Kunkletown has remained a Seller's Market.
Key Takeaway
Kunkletown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kunkletown, PA
How much do homes in Kunkletown, PA cost?
Median Sold Price
$279,900
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kunkletown have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Kunkletown was $279,900 in April 2024, up 3.7% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $223.6K | $204.9K | -8.4% |
| 3 Bedrooms | $245K | $296K | +20.8% |
| 4 Bedrooms | $325K | $440K | +35.4% |
| 5+ Bedrooms | $300K | $359.9K | +20.0% |
Summary: Kunkletown 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 decreased by 8.4%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 35.4%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
| Polk Township | $285K | $302K | +6.0% |
| Kunkletown | $270K | $279.9K | +3.7% |
| Eldred Township | $220K | $159.5K | -27.5% |
Housing Supply in Kunkletown, PA
How many homes are available in Kunkletown, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Kunkletown real estate market had 24 homes for sale in April 2024, a 11.1% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 15 | 8 | -46.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Kunkletown 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 increased by 25%, 3 bedroom homes decreased by 46.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kunkletown, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Kunkletown in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Kunkletown, PA
How long does it take to sell a home in Kunkletown, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 51 Days | +10.8% |
Summary: Homes in Kunkletown had an average of 51 days on market in Apr 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kunkletown has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Kunkletown; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
