Is Norwegian 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, Norwegian Township has remained a Seller's Market.
Key Takeaway
Norwegian Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Norwegian Township, PA
How much do homes in Norwegian Township, PA cost?
Median Sold Price
$310,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Norwegian Township have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Norwegian Township was $310,000 in April 2024, down 2.2% 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 | - | $174.9K | N/A |
| 3 Bedrooms | $275K | $278K | +1.1% |
| 4 Bedrooms | $410K | $425K | +3.7% |
| 5+ Bedrooms | $625K | $300K | -52.0% |
Summary: Norwegian 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 did not change, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 52%.
Median Sold Price Compared To Nearby Cities
| Pottsville | $105K | $115.8K | +10.4% |
| Minersville | $71K | $77.7K | +9.5% |
| Norwegian Township | $317K | $310K | -2.2% |
Housing Supply in Norwegian Township, PA
How many homes are available in Norwegian Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Summary: The Norwegian Township real estate market had 5 homes for sale in April 2024, a 37.5% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Norwegian 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 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Norwegian Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Norwegian Township in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Norwegian Township, PA
How long does it take to sell a home in Norwegian Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 70 Days | 10 Days | -85.7% |
Summary: Homes in Norwegian Township had an average of 10 days on market in Apr 2024, down by 85.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Norwegian Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Norwegian 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.
