Is Beaver Falls, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Beaver Falls has remained a Seller's Market.
Housing Prices in Beaver Falls, PA
How much do homes in Beaver Falls, PA cost?
Median Sold Price
$187,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Beaver Falls was $187,500 in March 2024, up 50% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $58.4K | $34K | -41.9% |
2 Bedrooms | $84.5K | $102.4K | +21.2% |
3 Bedrooms | $135K | $227.5K | +68.5% |
4 Bedrooms | $186K | $244K | +31.2% |
5+ Bedrooms | $162.5K | $331.5K | +104.0% |
Summary: Beaver Falls housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 68.5%, 4 bedroom homes increased by 31.2%, and 5+ bedroom homes increased by 104%.
Median Sold Price Compared To Nearby Cities
Beaver Falls | $125K | $187.5K | +50.0% |
New Brighton | $119K | $148K | +24.4% |
Daugherty Township | $230K | $225K | -2.2% |
Housing Supply in Beaver Falls, PA
How many homes are available in Beaver Falls, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
106 | 120 | +13.2% |
Summary: The Beaver Falls real estate market had 120 homes for sale in March 2024, a 13.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 29 | 35 | +20.7% |
3 Bedrooms | 46 | 53 | +15.2% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Beaver Falls housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 26 | +85.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Beaver Falls in March 2024, up by 85.7% month-over-month. Of the 26 sold homes, 35% were sold under asking, 35% were sold at asking, and 31% were sold over asking.
Days on Market for Beaver Falls, PA
How long does it take to sell a home in Beaver Falls, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 71 Days | +70.5% |
Summary: Homes in Beaver Falls had an average of 71 days on market in Mar 2024, up by 70.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Beaver Falls; 42% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.