Is Shamokin Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shamokin Township is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Shamokin 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 Shamokin Township, PA

How much do homes in Shamokin Township, PA cost?

Median Sold Price

$64,500

$39/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,750(+11.7%)

Key Takeaway

Homes in Shamokin Township have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Shamokin Township was $64,500 in April 2024, up 11.7% from last year, and the median price per square foot was $39.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $20K$43K
+115.0%
2 $47.9K$25K
-47.8%
3 $64K$65K
+1.6%
4 $49.9K$57K
+14.2%
5+ $56.2K$79K
+40.4%

Summary: Shamokin Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115%, 2 bedroom homes decreased by 47.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 40.4%.

Housing Supply in Shamokin Township, PA

How many homes are available in Shamokin Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4743-8.5%

Summary: The Shamokin Township real estate market had 43 homes for sale in April 2024, a 8.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 33
0.0%
3 2120
-4.8%
4 96
-33.3%
5+ 1313
0.0%

Summary: The Shamokin 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 remained the same, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
167-56.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shamokin Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Shamokin Township in April 2024, down by 56.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for Shamokin Township, PA

How long does it take to sell a home in Shamokin Township, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days25 Days-56.3%

Summary: Homes in Shamokin Township had an average of 25 days on market in Apr 2024, down by 56.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shamokin Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Shamokin Township; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in Shamokin Township, PA

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