Is Forward Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forward Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Forward Township was a Seller's Market.

Key Takeaway

Forward Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Forward Township, PA

How much do homes in Forward Township, PA cost?

Median Sold Price

$171,000

$161/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$154,000(-47.4%)

Key Takeaway

Homes in Forward Township have sold for 47.4% less than they did a month ago.

Summary: The median home sold price in Forward Township was $171,000 in April 2024, down 47.4% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $17.5K$171K
+877.1%
3 $325K-
N/A
4 $325K-
N/A
5+ --
N/A

Summary: Forward Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 877.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Forward Township, PA

How many homes are available in Forward Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
89+12.5%

Summary: The Forward Township real estate market had 9 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 44
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Forward 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forward Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Forward Township in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Forward Township, PA

How long does it take to sell a home in Forward Township, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
15 Days21 Days+34.0%

Summary: Homes in Forward Township had an average of 21 days on market in Apr 2024, up by 34% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Forward Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Forward 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Forward Township, PA

Nearby Markets to Forward Township, PA

What housing markets are near Forward Township, PA?