Question 1

What is the median sold price in Dunmore?

Accepted Answer

The median sold price in Dunmore is $688,000 based on 28 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Dunmore?

Accepted Answer

The average sold price in Dunmore is $679,964. Note that the average ($679,964) is lower than the median ($688,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Dunmore?

Accepted Answer

Home prices in Dunmore range from $350,000 to $1,130,000 based on recent sales data. This $780,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Dunmore selling above or below asking price?

Accepted Answer

On average, homes in Dunmore are selling at 98.1% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Dunmore?

Accepted Answer

Homes in Dunmore are selling in an average of 52 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Dunmore?

Accepted Answer

The average price per square foot in Dunmore is $394. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $788,000.

Question 7

How active is the real estate market in Dunmore?

Accepted Answer

The Dunmore market has seen 28 home sales over the past 2 years, with 28 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How much do detached homes cost in Dunmore?

Accepted Answer

Detached homes in Dunmore are selling for an average of $679,964, with 28 sales over the past 2 years.

Question 9

Are home prices rising or falling in Dunmore?

Accepted Answer

Home prices in Dunmore have decreased by 19.5% over the past 2 years. The average sold price moved from $799,000 to $643,000. This downward trend may present buying opportunities for purchasers.

Question 10

Is Dunmore a buyer's or seller's market?

Accepted Answer

Based on current data, Dunmore is a balanced market. Homes are selling in 52 days on average and at 98.1% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 11

What percentage of homes sell above asking price in Dunmore?

Accepted Answer

In Dunmore, 18% of homes sold above asking price, while 75% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What are the average property taxes in Dunmore?

Accepted Answer

The average annual property tax in Dunmore is $3,317, with a median of $3,364. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 13

What size homes are selling in Dunmore?

Accepted Answer

Homes selling in Dunmore range from 938 to 2,857 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Dunmore?

Accepted Answer

Dunmore shows relatively consistent pricing with a standard deviation of $171,325 around the average price of $679,964. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 15

Where can I find recently sold homes in Dunmore?

Accepted Answer

You can view a comprehensive list of houses sold in Dunmore right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 16

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 17

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Dunmore.

Dunmore Homes Sold in the Last 30 Days

Dunmore Sold Data Overview

Recently Sold in Dunmore

Understanding the Dunmore Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Neighbourhood Sold Data

Frequently Asked Questions

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