Is Beaver County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaver County is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Beaver County has remained a Seller's Market.

Key Takeaway

Beaver County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Beaver County, PA cost?

Median Sold Price

$179,166

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$4,762(+2.7%)

Key Takeaway

Homes in Beaver County have sold for 2.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $65.5K$60K
-8.4%
2 $125K$126.3K
+1.1%
3 $179.5K$187.6K
+4.6%
4 $245.2K$275K
+12.2%
5+ $345K$311K
-9.9%

Median Sold Price Compared To Nearby Counties

Hancock County
+9.2%
Lawrence County
+5.0%
Allegheny County
+3.4%
Beaver County
+2.7%
Butler County
+1.9%

How many homes are available in Beaver County, PA?

Number of Homes For Sale

Sep 2022Oct 2022%
678664-2.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 23
+50.0%
2 142135
-4.9%
3 373372
-0.3%
4 127114
-10.2%
5+ 3440
+17.6%

Number of Homes Sold

Sep 2022Oct 2022%
170151-11.2%

Asking Price vs. Sold Price

87 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

37 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaver County, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
32 Days39 Days+20.0%

Breakdown of Home Sale Times

79 Homes Were Sold
Under 30 Days

54 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Beaver County, PA

There are 664 homes are for sale in Beaver County, PA real estate market. In October 2022 in Beaver County, PA there were 2.1% less homes for sale than in September 2022. Listings spent 39 days on the market in October 2022, and had a median list price of $179,166 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 8.4%, 2 bedrooms properties became 1.1% more expensive, prices of 3 bedrooms properties increased by 4.6%, 4 bedrooms properties became 12.2% more expensive, the cost of 5 bedrooms properties went down by 9.9%. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 50%, the quantity of 2 bedrooms homes went down by 4.9%, number of 3 bedrooms homes decreased by 0.3%, number of 4 bedrooms homes decreased by 10.2%, the quantity of 5 bedrooms homes went up by 17.6%. Beaver County, PA housing market in October 2022 saw over 37 listings sold above listed price, more than 27 sold at listed price and over 87 sold below.

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