Is Pine Grove Township, 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, Pine Grove Township has remained a Seller's Market.
Housing Prices in Pine Grove Township, PA
How much do homes in Pine Grove Township, PA cost?
Median Sold Price
$234,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pine Grove Township was $234,000 in April 2024, up 14.1% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $131K | $152.5K | +16.4% |
2 Bedrooms | $165K | $188.5K | +14.2% |
3 Bedrooms | $205.7K | $290K | +40.9% |
4 Bedrooms | $282K | $349.9K | +24.1% |
5+ Bedrooms | $458.7K | $276.5K | -39.7% |
Summary: Pine Grove Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 40.9%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 39.7%.
Median Sold Price Compared To Nearby Cities
Pine Grove | $172.5K | $234K | +35.7% |
Pine Grove Township | $205K | $234K | +14.1% |
Washington Township | $211.7K | $220K | +3.9% |
Fredericksburg | $287.5K | $297.5K | +3.5% |
Housing Supply in Pine Grove Township, PA
How many homes are available in Pine Grove Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Summary: The Pine Grove Township real estate market had 16 homes for sale in April 2024, a 20.0% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 12 | 8 | -33.3% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Pine Grove 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 66.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Pine Grove Township in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Pine Grove Township, PA
How long does it take to sell a home in Pine Grove Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 15 Days | +185.0% |
Summary: Homes in Pine Grove Township had an average of 15 days on market in Apr 2024, up by 185% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Pine Grove Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.