Is Armagh Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Armagh Township is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Armagh Township has remained a Buyer's Market.

Key Takeaway

Armagh Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Armagh Township, PA

How much do homes in Armagh Township, PA cost?

Median Sold Price

$136,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$24,000(-15.0%)

Key Takeaway

Homes in Armagh Township have sold for 15% less than they did a year ago.

Summary: The median home sold price in Armagh Township was $136,000 in April 2024, down 15% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$117.5K
N/A
2 $115K$135K
+17.4%
3 $146K$145K
-0.7%
4 $224.9K$215K
-4.4%
5+ --
N/A

Summary: Armagh Township 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 17.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes did not change.

Housing Supply in Armagh Township, PA

How many homes are available in Armagh Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1618+12.5%

Summary: The Armagh Township real estate market had 18 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1416
+14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Armagh Township 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 increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Armagh 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 Armagh Township in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Armagh Township, PA

How long does it take to sell a home in Armagh Township, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days7 Days-83.3%

Summary: Homes in Armagh Township had an average of 7 days on market in Apr 2024, down by 83.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Armagh Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Armagh Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Armagh Township, PA

Nearby Markets to Armagh Township, PA