Is Irwin Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Irwin Township has remained a Seller's Market.
Key Takeaway
Irwin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Irwin Township, PA
How much do homes in Irwin Township, PA cost?
Median Sold Price
$239,033
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Irwin Township have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Irwin Township was $239,033 in April 2024, up 6.2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $10K | $100K | +900.0% |
| 2 Bedrooms | $140K | $175K | +25.0% |
| 3 Bedrooms | $218.4K | $225.4K | +3.2% |
| 4 Bedrooms | $320K | $398.7K | +24.6% |
| 5+ Bedrooms | $325K | $635K | +95.4% |
Summary: Irwin Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 900%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 95.4%.
Housing Supply in Irwin Township, PA
How many homes are available in Irwin Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 91 | 122 | +34.1% |
Summary: The Irwin Township real estate market had 122 homes for sale in April 2024, a 34.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 13 | +44.4% |
| 3 Bedrooms | 52 | 61 | +17.3% |
| 4 Bedrooms | 27 | 40 | +48.1% |
| 5+ Bedrooms | 3 | 8 | +166.7% |
Summary: The Irwin Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 48.1%, and 5+ bedroom homes increased by 166.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 30 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Irwin Township, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Irwin Township in April 2024, up by 50.0% month-over-month. Of the 30 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Irwin Township, PA
How long does it take to sell a home in Irwin Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 25 Days | -24.4% |
Summary: Homes in Irwin Township had an average of 25 days on market in Apr 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Irwin Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 30 homes were sold in Irwin Township; 70% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.