Is Imperial, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Imperial is a seller's market

Buyer's
Market

Difference Since December 2021

At the same time last year, Imperial was a Neutral Market.

Key Takeaway

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

How much do homes in Imperial, PA cost?

Median Sold Price

$235,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

-$30,000(-11.3%)

Key Takeaway

Homes in Imperial have sold for 11.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 -$75K
N/A
2 $156.5K$160K
+2.2%
3 $249.3K$250K
0.3%
4 $376.2K$399.5K
+6.2%
5+ $489.9K$550K
+12.3%

Median Sold Price Compared To Nearby Cities

Findlay Township
0.5%
North Fayette Township
-4.4%
Imperial
-11.3%

How many homes are available in Imperial, PA?

Number of Homes For Sale

Nov 2022Dec 2022%
2826-7.1%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 10
-100.0%
2 22
0.0%
3 1818
0.0%
4 65
-16.7%
5+ 11
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
58+60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Dec 2021Dec 2022%
12 Days40 Days+237.5%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Imperial has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Imperial, PA

There are 26 homes are for sale in Imperial, PA real estate market. Between November 2022 and December 2022, Imperial, PA real estate market has seen decrease in the number of listings by 7.1%. In December 2022 median list price was $235,000 and the average listing age was 40 days. Listing prices have changed in this real estate market between November 2022 and December 2022: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 2.2%, prices of 3 bedrooms properties went up by 0.3%, prices of 4 bedrooms properties increased by 6.2%, prices of 5 bedrooms properties went up by 12.3%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 100% less available, 2 bedrooms homes did not move, 3 bedrooms homes did not move, 4 bedrooms homes became 16.7% less available, number of 5 bedrooms homes remained the same. In December 2022, from all listings sold in Imperial, PA there were more than 1 sold above asking price, over 5 sold below and more than 2 were sold right at the asked price.

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