Is Jim Thorpe, 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, Jim Thorpe has remained a Seller's Market.
Housing Prices in Jim Thorpe, PA
How much do homes in Jim Thorpe, PA cost?
Median Sold Price
$276,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jim Thorpe was $276,000 in April 2024, up 16.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136.2K | - | N/A |
2 Bedrooms | $182.4K | $140K | -23.3% |
3 Bedrooms | $233.4K | $275K | +17.8% |
4 Bedrooms | $285.5K | $342.9K | +20.1% |
5+ Bedrooms | $210K | $385K | +83.3% |
Summary: Jim Thorpe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 83.3%.
Median Sold Price Compared To Nearby Cities
Jim Thorpe | $236.9K | $276K | +16.5% |
Mahoning Township | $260K | $299.9K | +15.3% |
Nesquehoning | $155K | $160K | +3.2% |
Franklin Township | $291.1K | $270K | -7.3% |
Housing Supply in Jim Thorpe, PA
How many homes are available in Jim Thorpe, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 22 | -12.0% |
Summary: The Jim Thorpe real estate market had 22 homes for sale in April 2024, a 12.0% 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 | 5 | 0 | -100.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Jim Thorpe 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 4 | -63.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Jim Thorpe in April 2024, down by 63.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Jim Thorpe, PA
How long does it take to sell a home in Jim Thorpe, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 20 Days | -73.4% |
Summary: Homes in Jim Thorpe had an average of 20 days on market in Apr 2024, down by 73.4% compared to last year.
Breakdown of Home Sale Times
3 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, 4 homes were sold in Jim Thorpe; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.