Is Evans City, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evans City is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Evans City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Evans City, PA

How much do homes in Evans City, PA cost?

Median Sold Price

$331,500

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$7,750(+2.4%)

Key Takeaway

Homes in Evans City have sold for 2.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $165K$175K
+6.1%
3 $375K-
N/A
4 $382.5K$466.9K
+22.1%
5+ -$331.5K
N/A

Summary: Evans City housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Forward Township
+7.7%
Evans City
+2.4%

Housing Supply in Evans City, PA

How many homes are available in Evans City, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
14140.0%

Summary: The Evans City real estate market had 14 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 34
+33.3%
4 66
0.0%
5+ 22
0.0%

Summary: The Evans City 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 decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evans City, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Evans City in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Evans City, PA

How long does it take to sell a home in Evans City, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
11 Days49 Days+319.9%

Summary: Homes in Evans City had an average of 49 days on market in Mar 2024, up by 319.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Evans City; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 24 Days Ago

Newest Listings in Evans City, PA

Nearby Markets to Evans City, PA