Is Selinsgrove, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Selinsgrove is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Selinsgrove was a Seller's Market.

Key Takeaway

Selinsgrove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Selinsgrove, PA

How much do homes in Selinsgrove, PA cost?

Median Sold Price

$220,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,000(-2.2%)

Key Takeaway

Homes in Selinsgrove have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Selinsgrove was $220,000 in May 2024, down 2.2% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $202.5K$185K
-8.6%
3 $220K$220K
0.0%
4 $342K$340K
-0.6%
5+ $235K$189.9K
-19.2%

Summary: Selinsgrove housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 19.2%.

Median Sold Price Compared To Nearby Cities

Selinsgrove
-2.2%
Monroe Township
-5.0%
Penn Township
-5.6%

Housing Supply in Selinsgrove, PA

How many homes are available in Selinsgrove, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3537+5.7%

Summary: The Selinsgrove real estate market had 37 homes for sale in May 2024, a 5.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 97
-22.2%
3 1620
+25.0%
4 55
0.0%
5+ 44
0.0%

Summary: The Selinsgrove 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 22.2%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Selinsgrove, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Selinsgrove in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Selinsgrove, PA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Selinsgrove, PA

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