Is North Franklin 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, North Franklin Township has remained a Seller's Market.
Housing Prices in North Franklin Township, PA
How much do homes in North Franklin Township, PA cost?
Median Sold Price
$211,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Franklin Township was $211,000 in April 2024, down 8.3% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108.5K | $63K | -41.9% |
2 Bedrooms | $148K | $158K | +6.8% |
3 Bedrooms | $233.3K | $216.5K | -7.2% |
4 Bedrooms | $302.4K | $267.5K | -11.6% |
5+ Bedrooms | $425K | $309.5K | -27.2% |
Summary: North Franklin Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes decreased by 27.2%.
Median Sold Price Compared To Nearby Cities
Washington | $155K | $216.9K | +40.0% |
South Strabane Township | $245K | $275.2K | +12.4% |
North Franklin Township | $230K | $211K | -8.3% |
Canton Township | $220.1K | $200K | -9.1% |
Housing Supply in North Franklin Township, PA
How many homes are available in North Franklin Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 19 | +58.3% |
Summary: The North Franklin Township real estate market had 19 homes for sale in April 2024, a 58.3% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 9 | 12 | +33.3% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The North Franklin 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 increased by 33.3%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 8 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in North Franklin Township in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for North Franklin Township, PA
How long does it take to sell a home in North Franklin Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 30 Days | +95.5% |
Summary: Homes in North Franklin Township had an average of 30 days on market in Apr 2024, up by 95.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in North Franklin Township; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.