$7,113 Closing Credit¹
#SC250460, Listing Office: Gerber Associates RE Inc.
Herrick Township Housing Market Report January 2025•Susquehanna County, Pennsylvania
Housing Prices in Herrick Township, PA
How much do homes in Herrick Township, PA cost?
Housing Market Conditions
Is Herrick Township, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Herrick Township is a Seller's Market
Difference Since January 2024
Since last year, Herrick Township has remained a Seller's Market.
Insight
Herrick Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$335,000$223/SqFt
+$134,500
+67.1%
Based on all homes sold in the last 12 months
Insight
Homes in Herrick Township have sold for 67.1% more than they did a year ago.
Summary: The median home sold price in Herrick Township was $335,000 in January 2025, up 67.1% from last year, and the median price per square foot was $223.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Union Dale | $198.8K | $374.5K | +88.4% |
| Herrick Township | $200.5K | $335K | +67.1% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $164.3K | $330K | +100.9% |
| 33 Bedrooms | $198.5K | $235K | +18.4% |
| 44 Bedrooms | $292K | $340K | +16.4% |
| 55+ Bedrooms | $225K | $855K | +280.0% |
Summary: Herrick Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +100.9%. The home price for 3 bedroom homes increased by +18.4%. The home price for 4 bedroom homes increased by +16.4%. The home price for 5 bedroom homes increased by +280.0%.
Housing supply in Herrick Township, PA
How many homes are available in Herrick Township, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 32 months agoDec 2024 | +66.7 % Change MoMDec – Jan |
Summary: The Herrick Township real estate market had 5 homes for sale in Jan 2025, a 66.7 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 02 months agoDec 2024 | +100.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 1 | 3 | +200.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Herrick Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +200.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Herrick Township, PA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Herrick Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Herrick Township in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Herrick Township, PA
How long does it take to sell a home in Herrick Township, PA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Most homes in Herrick Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 2 homes were sold in Herrick Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 114 DaysThis YearJan 2025 | ||
| 19 Days1 year agoJan 2024 | +487.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Herrick Township had an average listing age of 114 days in Jan 2025, up by 487.2% compared to the previous year.
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Newest Listings in Herrick Township, PA
What homes are available in Herrick Township, PA?
$7,707 Closing Credit¹
#PW250067, Jessica Morigl, Listing Office: RE/MAX Best
$9,322 Closing Credit¹
#SC250014, Listing Office: ERA One Source Realty
$4,744 Closing Credit¹
#SC6432, Listing Office: Gerber Associates RE Inc.
$5,403 Closing Credit¹
#SC6128, Listing Office: Pass Realty
Nearby markets
Nearby markets aren't available for Herrick Township, PA
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MLS Disclaimers and Copyright
Based on information from Greater Scranton MLS, and Pike/Wayne Association of Realtors MLS for the period 02/01/2023 - 02/01/2025
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses. 
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 2:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 2:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Pike Wayne Association of REALTORS MLS. Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 2:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 2:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.