Is Loyalhanna Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Loyalhanna Township has remained a Seller's Market.
Key Takeaway
Loyalhanna Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Loyalhanna Township, PA
How much do homes in Loyalhanna Township, PA cost?
Median Sold Price
$110,000
$164/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Loyalhanna Township have sold for 49.3% less than they did a month ago.
Summary: The median home sold price in Loyalhanna Township was $110,000 in March 2024, down 49.3% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193.5K | $95K | -50.9% |
| 3 Bedrooms | $425K | $174.9K | -58.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Loyalhanna Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 50.9%, 3 bedroom homes decreased by 58.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Loyalhanna Township, PA
How many homes are available in Loyalhanna Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The Loyalhanna Township real estate market had 7 homes for sale in March 2024, a 30.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Loyalhanna 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 66.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Loyalhanna Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Loyalhanna Township in March 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Loyalhanna Township, PA
How long does it take to sell a home in Loyalhanna Township, PA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 67 Days | +99.0% |
Summary: Homes in Loyalhanna Township had an average of 67 days on market in Mar 2024, up by 99% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Loyalhanna Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Loyalhanna Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
