Kutztown is a small city in Pennsylvania, and is somewhat affluent with a median income of $45,238 per household. It's much older than the rest of the state, with a median age of 28. With a ratio of 51.3%, most homes in Kutztown are being rented. Topping the list of best schools in the city is Maxatawny Elementary School.
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$289K  
In this week's report, the number of homes sold in the Kutztown market fell to four over the past 30 days. It marked a decrease of 42.9% from last week's report and a fall below the monthly average. On the other hand, close-by Hamburg registered seven homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $167,450 over the latest reporting period for Kutztown, down from $194,000. With decreasing sales and the availability of eight months of inventory, Kutztown is a strong buyer's market.
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$239K  
With an identifiable upward trend of new sellers listing homes, including eight over the last 30 days, and sales that remained the same at seven in that same time frame, the Kutztown market will be steady. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price remained unchanged over the latest reporting period for Kutztown, coming in at $194,000.
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$194K  
In this week's report, the number of homes sold in the Kutztown market plummeted to six over the past 30 days, a decrease of 33.3% from last week's report, but still above the monthly average. In comparison, nearby Laureldale had 10 sales in the same time frame, the most of all neighboring cities. Prices are falling in Kutztown, and this period the median price of all sales fell from $194,000 to $176,950.
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$139K  
The Kutztown market saw sales remain flat this week with 11 homes sold over the last 30 days, while new listings climbed to 12. Pricing in Kutztown remains consistent from last week to this week, with the median sales price at $196,000 again. In spite of flat sales, a low three months of inventory signals that Kutztown is a seller's market.
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Kutztown is a larger than average city in Pennsylvania that has seen a 0.5% decrease in population over the last 10 years. It also has a total population of 5,012. Kutztown is made up of homes that are considered older than most with a median of 59 years. The top school in the city is Maxatawny Elementary School.
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$159K  
Over the last 30 days, the Kutztown market showed positive signs with 11 homes sold, a 10.0% increase from last week's report. To put it in perspective, close-by Laureldale registered six homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Kutztown, with the median for this period rising from $184,250 to $196,000. With just three months of inventory available and sales going up, Kutztown is a seller's market.
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$289K  
The Kutztown market is enjoying an unwavering upward trend, reiterated again this week as sales rose 25.0% to 10 homes over the last 30 days. Prices are rising in Kutztown, and the median sales price this period increased from $161,450 to $184,250. With just three months of inventory available and sales going up, Kutztown is a seller's market.
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$153K  
Over the last 30 days, a new downward trend of new sellers coming into the Kutztown market continued, with nine listings in this week's report. Meanwhile, sales rose, with seven homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should take note that prices are coming down in Kutztown, with the median sales price dropped to $150,400. Inventory is also shrinking, now down to four months worth still available.
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$215K  
The Kutztown market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at five. Months of inventory were further reduced to nine, extending a downward trend to eight weeks. Kutztown is a strong buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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