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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Beaver Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in North Beaver Township, PA

How much do homes in North Beaver Township, PA cost?

Median Sold Price

$252,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$44,842(+21.6%)

Key Takeaway

Homes in North Beaver Township have sold for 21.6% more than they did a year ago.

Summary: The median home sold price in North Beaver Township was $252,000 in March 2024, up 21.6% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$58K
N/A
2 $145K-
N/A
3 $209.6K$256K
+22.1%
4 $325K$294.2K
-9.5%
5+ --
N/A

Summary: North Beaver 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 did not change, 3 bedroom homes increased by 22.1%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Beaver Township
+21.6%
Bessemer
-9.5%

Housing Supply in North Beaver Township, PA

How many homes are available in North Beaver Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1110-9.1%

Summary: The North Beaver Township real estate market had 10 homes for sale in March 2024, a 9.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 44
0.0%
5+ 00
0.0%

Summary: The North Beaver 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Beaver Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Beaver Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for North Beaver Township, PA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days64 Days+128.6%

Summary: Homes in North Beaver Township had an average of 64 days on market in Mar 2024, up by 128.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Beaver Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in North Beaver Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 North Beaver Township, PA

Nearby Markets to North Beaver Township, PA

What housing markets are near North Beaver Township, PA?