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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harmony Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Harmony Township, PA

How much do homes in Harmony Township, PA cost?

Median Sold Price

$281,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$121,530(+76.2%)

Key Takeaway

Homes in Harmony Township have sold for 76.2% more than they did a year ago.

Summary: The median home sold price in Harmony Township was $281,000 in March 2024, up 76.2% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$159.9K
N/A
2 $124.2K$173.5K
+39.6%
3 $175K$265K
+51.4%
4 $175.5K$405K
+130.8%
5+ $280K$899K
+221.1%

Summary: Harmony 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 increased by 39.6%, 3 bedroom homes increased by 51.4%, 4 bedroom homes increased by 130.8%, and 5+ bedroom homes increased by 221.1%.

Median Sold Price Compared To Nearby Cities

Harmony Township
+76.2%
Ambridge
+30.0%
Economy
-6.9%
Leet Township
-15.0%

Housing Supply in Harmony Township, PA

How many homes are available in Harmony Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2426+8.3%

Summary: The Harmony Township real estate market had 26 homes for sale in March 2024, a 8.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1313
0.0%
4 710
+42.9%
5+ 00
0.0%

Summary: The Harmony 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harmony Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Harmony Township in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Harmony Township, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
54 Days28 Days-47.3%

Summary: Homes in Harmony Township had an average of 28 days on market in Mar 2024, down by 47.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Harmony Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in Harmony Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 15 Days Ago

Newest Listings in Harmony Township, PA

Nearby Markets to Harmony Township, PA

What housing markets are near Harmony Township, PA?