Is Polk Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Polk Township was a Seller's Market.
Housing Prices in Polk Township, PA
How much do homes in Polk Township, PA cost?
Median Sold Price
$302,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Polk Township was $302,000 in April 2024, up 6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $229.5K | $204.9K | -10.7% |
3 Bedrooms | $229K | $293K | +27.9% |
4 Bedrooms | $332.5K | $450K | +35.3% |
5+ Bedrooms | $437.4K | $359.9K | -17.7% |
Summary: Polk Township 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 10.7%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes decreased by 17.7%.
Median Sold Price Compared To Nearby Cities
Effort | $297.7K | $331.2K | +11.3% |
Polk Township | $285K | $302K | +6.0% |
Kunkletown | $270K | $279.9K | +3.7% |
Housing Supply in Polk Township, PA
How many homes are available in Polk Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 20 | -16.7% |
Summary: The Polk Township real estate market had 20 homes for sale in April 2024, a 16.7% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 11 | 5 | -54.5% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Polk 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 increased by 33.3%, 3 bedroom homes decreased by 54.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Polk Township in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Polk Township, PA
How long does it take to sell a home in Polk Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 36 Days | +140.4% |
Summary: Homes in Polk Township had an average of 36 days on market in Apr 2024, up by 140.4% 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 April 2024, 3 homes were sold in Polk Township; 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.