Rheems, PA
Housing market overview · Updated weekly
$274,900median sale price
Homes sold
1
Last 12 weeks
Days on market
5
Fast-moving
Active listings
—
Sale-to-list
100.0%
Above asking
Rheems, PA housing market analysis
The Rheems housing market is currently classified as a balanced market with a median sale price of $274,900. Prices have decreased 14.1% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Rheems spend an average of 5 days on market before going under contract, which is exceptionally fast and indicates intense buyer competition in this area.
Whether you're a first-time homebuyer evaluating Rheems as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Rheems with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Rheems, PA
Explore nearby cities in PA
Frequently asked questions
What is the average home price in Rheems?
The median home sale price in Rheems is $274,900, down 14.1% from last year.
How long do homes stay on market in Rheems?
Homes typically spend 5 days on market before going under contract.
Get Rheems market alerts
Weekly updates on prices, inventory, and trends. Free forever.