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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaver Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Beaver Township, PA

How much do homes in Beaver Township, PA cost?

Median Sold Price

$289,500

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,000(+3.2%)

Key Takeaway

Homes in Beaver Township have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Beaver Township was $289,500 in September 2024, up 3.2% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $156K$200K
+28.2%
3 $250K$245K
-2.0%
4 $370K$399.8K
+8.1%
5+ $569.9K$586K
+2.8%

Summary: Beaver Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 2.8%.

Housing Supply in Beaver Township, PA

How many homes are available in Beaver Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7466-10.8%

Summary: The Beaver Township real estate market had 66 homes for sale in September 2024, a 10.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 3331
-6.1%
4 2519
-24.0%
5+ 86
-25.0%

Summary: The Beaver Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaver Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Beaver Township in September 2024, down by 11.1% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for Beaver Township, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
36 Days46 Days+26.7%

Summary: Homes in Beaver Township had an average of 46 days on market in Sep 2024, up by 26.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 16 homes were sold in Beaver Township; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% 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 Sep 1, 2024

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