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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunbar Township is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Dunbar Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Dunbar Township, PA

How much do homes in Dunbar Township, PA cost?

Median Sold Price

$154,200

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,800(-6.5%)

Key Takeaway

Homes in Dunbar Township have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in Dunbar Township was $154,200 in March 2024, down 6.5% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $32K-
N/A
2 $107.4K$105K
-2.3%
3 $162.4K$147.4K
-9.3%
4 $263.7K$175K
-33.6%
5+ $350K$234.5K
-33.0%

Summary: Dunbar Township 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 2.3%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 33.6%, and 5+ bedroom homes decreased by 33%.

Median Sold Price Compared To Nearby Cities

Connellsville
+6.3%
Dunbar Township
-6.5%

Housing Supply in Dunbar Township, PA

How many homes are available in Dunbar Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2318-21.7%

Summary: The Dunbar Township real estate market had 18 homes for sale in March 2024, a 21.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1310
-23.1%
4 31
-66.7%
5+ 10
-100.0%

Summary: The Dunbar Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

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 Dunbar 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 Dunbar Township in March 2024, down by 50.0% month-over-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 Dunbar Township, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
52 Days91 Days+76.0%

Summary: Homes in Dunbar Township had an average of 91 days on market in Mar 2024, up by 76% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Dunbar Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 26 Days Ago

Newest Listings in Dunbar Township, PA

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What housing markets are near Dunbar Township, PA?