Is Pen Argyl, 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, Pen Argyl has remained a Seller's Market.
Housing Prices in Pen Argyl, PA
How much do homes in Pen Argyl, PA cost?
Median Sold Price
$242,500
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pen Argyl was $242,500 in April 2024, up 20.9% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $162.5K | $177.5K | +9.2% |
3 Bedrooms | $200.5K | $222.5K | +11.0% |
4 Bedrooms | $251K | $325K | +29.5% |
5+ Bedrooms | $317.4K | $463K | +45.8% |
Summary: Pen Argyl 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 9.2%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes increased by 45.8%.
Median Sold Price Compared To Nearby Cities
Pen Argyl | $200.5K | $242.5K | +20.9% |
Plainfield Township | $320.5K | $300K | -6.4% |
Housing Supply in Pen Argyl, PA
How many homes are available in Pen Argyl, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Summary: The Pen Argyl real estate market had 19 homes for sale in April 2024, a 9.5% 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 | 1 | 0.0% |
3 Bedrooms | 8 | 6 | -25.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Pen Argyl 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Pen Argyl in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Pen Argyl, PA
How long does it take to sell a home in Pen Argyl, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 29 Days | +281.6% |
Summary: Homes in Pen Argyl had an average of 29 days on market in Apr 2024, up by 281.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Pen Argyl; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.