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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Buffalo Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, North Buffalo Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Buffalo Township, PA

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

Median Sold Price

$295,000

$120/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$141,000(+91.6%)

Key Takeaway

Homes in North Buffalo Township have sold for 91.6% more than they did a month ago.

Summary: The median home sold price in North Buffalo Township was $295,000 in August 2024, up 91.6% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $128K-
N/A
3 $180K$295K
+63.9%
4 --
N/A
5+ --
N/A

Summary: North Buffalo Township housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 63.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Buffalo Township
+91.6%
West Kittanning
+30.0%

Housing Supply in North Buffalo Township, PA

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

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
64-33.3%

Summary: The North Buffalo Township real estate market had 4 homes for sale in August 2024, a 33.3% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The North Buffalo Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Buffalo Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in North Buffalo Township in August 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Buffalo Township, PA

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

Average Sale Time

Jul 2024Aug 2024CHANGE
23 Days49 Days+108.5%

Summary: Homes in North Buffalo Township had an average of 49 days on market in Aug 2024, up by 108.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 North Buffalo Township has remained consistent over time.

Summary: During August 2024, 1 homes were sold in North Buffalo Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in North Buffalo Township, PA

Nearby Markets to North Buffalo Township, PA

What housing markets are near North Buffalo Township, PA?