Is Forks Township, 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, Forks Township has remained a Seller's Market.
Key Takeaway
Forks Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Forks Township, PA
How much do homes in Forks Township, PA cost?
Median Sold Price
$433,150
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Forks Township have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Forks Township was $433,150 in April 2024, up 12.5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $367.2K | $180K | -51.0% |
| 2 Bedrooms | $244.9K | $250K | +2.1% |
| 3 Bedrooms | $354.9K | $400K | +12.7% |
| 4 Bedrooms | $495K | $543.2K | +9.7% |
| 5+ Bedrooms | $565K | $510K | -9.7% |
Summary: Forks Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 9.7%.
Median Sold Price Compared To Nearby Cities
| Easton | $260K | $340.6K | +31.0% |
| Forks Township | $385K | $433.1K | +12.5% |
| Palmer Township | $334K | $358.3K | +7.3% |
Housing Supply in Forks Township, PA
How many homes are available in Forks Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 76 | +16.9% |
Summary: The Forks Township real estate market had 76 homes for sale in April 2024, a 16.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 16 | +60.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 28 | 32 | +14.3% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Forks 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 60%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forks Township, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Forks Township in April 2024, down by 5.6% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for Forks Township, PA
How long does it take to sell a home in Forks Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 46 Days | +12.4% |
Summary: Homes in Forks Township had an average of 46 days on market in Apr 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Forks Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in Forks Township; 82% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
