Is Irwin, 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, Irwin has remained a Seller's Market.
Housing Prices in Irwin, PA
How much do homes in Irwin, PA cost?
Median Sold Price
$235,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Irwin was $235,000 in March 2024, up 10.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $55K | N/A |
2 Bedrooms | $91K | $185.9K | +104.3% |
3 Bedrooms | $209.9K | $223.7K | +6.6% |
4 Bedrooms | $330.5K | $396.2K | +19.9% |
5+ Bedrooms | $387.5K | $635K | +63.9% |
Summary: Irwin 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 104.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes increased by 63.9%.
Median Sold Price Compared To Nearby Cities
Irwin | $213K | $235K | +10.3% |
North Huntingdon Township | $229.4K | $227.9K | -0.7% |
Housing Supply in Irwin, PA
How many homes are available in Irwin, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 93 | 0.0% |
Summary: The Irwin real estate market had 93 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 49 | 51 | +4.1% |
4 Bedrooms | 29 | 30 | +3.4% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Irwin 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 10%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 19 | -40.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Irwin in March 2024, down by 40.6% month-over-month. Of the 19 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% were sold over asking.
Days on Market for Irwin, PA
How long does it take to sell a home in Irwin, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 61 Days | -1.5% |
Summary: Homes in Irwin had an average of 61 days on market in Mar 2024, down by 1.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Irwin; 42% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.