Is Smithfield 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, Smithfield Township was a Seller's Market.
Housing Prices in Smithfield Township, PA
How much do homes in Smithfield Township, PA cost?
Median Sold Price
$262,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Smithfield Township was $262,500 in April 2024, down 13.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $90K | $156.5K | +73.9% |
3 Bedrooms | $276K | $240K | -13.0% |
4 Bedrooms | $447.5K | $422.4K | -5.6% |
5+ Bedrooms | $454.2K | $712.4K | +56.8% |
Summary: Smithfield 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 increased by 73.9%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 56.8%.
Median Sold Price Compared To Nearby Cities
East Stroudsburg | $280K | $314.9K | +12.5% |
Smithfield Township | $305K | $262.5K | -13.9% |
Housing Supply in Smithfield Township, PA
How many homes are available in Smithfield Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 20 | +11.1% |
Summary: The Smithfield Township real estate market had 20 homes for sale in April 2024, a 11.1% increase 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 | 2 | -33.3% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Smithfield 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 decreased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Smithfield Township in April 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 Smithfield Township, PA
How long does it take to sell a home in Smithfield Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 5 Days | -61.5% |
Summary: Homes in Smithfield Township had an average of 5 days on market in Apr 2024, down by 61.5% 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
Summary: During April 2024, 1 homes were sold in Smithfield Township; 100% 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.