Is Ford City, 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, Ford City has remained a Seller's Market.
Housing Prices in Ford City, PA
How much do homes in Ford City, PA cost?
Median Sold Price
$138,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ford City was $138,000 in March 2024, up 112.3% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $22K | N/A |
2 Bedrooms | $59.5K | $55.5K | -6.7% |
3 Bedrooms | $87.8K | $187K | +112.8% |
4 Bedrooms | $26.2K | $176.5K | +572.4% |
5+ Bedrooms | $78.9K | $207K | +162.2% |
Summary: Ford City 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 6.7%, 3 bedroom homes increased by 112.8%, 4 bedroom homes increased by 572.4%, and 5+ bedroom homes increased by 162.2%.
Median Sold Price Compared To Nearby Cities
Ford City | $65K | $138K | +112.3% |
Manor Township | $139.1K | $221.5K | +59.2% |
North Buffalo Township | $188.3K | $195K | +3.5% |
Housing Supply in Ford City, PA
How many homes are available in Ford City, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Summary: The Ford City real estate market had 24 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Ford City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Ford City in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Ford City, PA
How long does it take to sell a home in Ford City, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
133 Days | 58 Days | -56.1% |
Summary: Homes in Ford City had an average of 58 days on market in Mar 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Ford City; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.