Is Arnold, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Arnold was a Neutral Market.
Key Takeaway
Arnold is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arnold, PA
How much do homes in Arnold, PA cost?
Median Sold Price
$88,000
$57/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in Arnold has remained the same since last year.
Summary: The median home sold price in Arnold was $88,000 in March 2024, the same as last year, and the median price per square foot was $57.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $25K | N/A |
| 2 Bedrooms | $95K | $87.2K | -8.2% |
| 3 Bedrooms | $85K | $86.5K | +1.8% |
| 4 Bedrooms | $69.2K | $149K | +115.1% |
| 5+ Bedrooms | $79.2K | $84K | +6.0% |
Summary: Arnold housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 115.1%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| New Kensington | $142.5K | $165K | +15.8% |
| Arnold | $88K | $88K | 0.0% |
Housing Supply in Arnold, PA
How many homes are available in Arnold, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Arnold real estate market had 33 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Arnold housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arnold, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Arnold in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Arnold, PA
How long does it take to sell a home in Arnold, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 71 Days | 84 Days | +17.6% |
Summary: Homes in Arnold had an average of 84 days on market in Mar 2024, up by 17.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Arnold has remained consistent over time.
Summary: During March 2024, 4 homes were sold in Arnold; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
