Is Tamaqua, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Tamaqua was a Seller's Market.
Housing Prices in Tamaqua, PA
How much do homes in Tamaqua, PA cost?
Median Sold Price
$141,750
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tamaqua was $141,750 in May 2024, up 1.3% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $110K | $142.5K | +29.5% |
3 Bedrooms | $124.9K | $135K | +8.1% |
4 Bedrooms | $140K | $160K | +14.3% |
5+ Bedrooms | $172.5K | $147.5K | -14.5% |
Summary: Tamaqua 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 increased by 29.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 14.5%.
Housing Supply in Tamaqua, PA
How many homes are available in Tamaqua, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 29 | -19.4% |
Summary: The Tamaqua real estate market had 29 homes for sale in May 2024, a 19.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 12 | -29.4% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Tamaqua 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 remained the same, 3 bedroom homes decreased by 29.4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 3 | -70.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Tamaqua in May 2024, down by 70.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tamaqua, PA
How long does it take to sell a home in Tamaqua, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 82 Days | +814.8% |
Summary: Homes in Tamaqua had an average of 82 days on market in May 2024, up by 814.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Tamaqua; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.