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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smock is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Smock has remained a Seller's Market.

Key Takeaway

Smock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Smock, PA

How much do homes in Smock, PA cost?

Median Sold Price

$62,000

$57/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$320,500(-83.8%)

Key Takeaway

Homes in Smock have sold for 83.8% less than they did a month ago.

Summary: The median home sold price in Smock was $62,000 in May 2024, down 83.8% from last month, and the median price per square foot was $57.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$62K
N/A
3 --
N/A
4 $382.5K-
N/A
5+ --
N/A

Summary: Smock 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 did not change, 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

Menallen Township
-11.1%
Smock
-83.8%

Housing Supply in Smock, PA

How many homes are available in Smock, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
330.0%

Summary: The Smock real estate market had 3 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 00
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Smock 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Smock, 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 Smock in May 2024, the same as the previous 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 Smock, PA

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

Average Sale Time

Apr 2024May 2024CHANGE
104 Days50 Days-51.9%

Summary: Homes in Smock had an average of 50 days on market in May 2024, down by 51.9% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Smock has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Smock; 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.

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 Smock, PA

Nearby Markets to Smock, PA

What housing markets are near Smock, PA?