Is South Pymatuning Township, 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, South Pymatuning Township has remained a Seller's Market.
Key Takeaway
South Pymatuning Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Pymatuning Township, PA
How much do homes in South Pymatuning Township, PA cost?
Median Sold Price
$200,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in South Pymatuning Township have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in South Pymatuning Township was $200,000 in March 2024, up 14.3% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145.3K | $122.2K | -15.9% |
| 3 Bedrooms | $186.7K | $227K | +21.6% |
| 4 Bedrooms | $179.9K | $225K | +25.1% |
| 5+ Bedrooms | $368.4K | $195K | -47.1% |
Summary: South Pymatuning 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 decreased by 15.9%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes decreased by 47.1%.
Median Sold Price Compared To Nearby Cities
| South Pymatuning Township | $175K | $200K | +14.3% |
| Sharpsville | $137.5K | $155K | +12.7% |
Housing Supply in South Pymatuning Township, PA
How many homes are available in South Pymatuning Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Summary: The South Pymatuning Township real estate market had 5 homes for sale in March 2024, a 44.4% 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 | 6 | 4 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Pymatuning 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Pymatuning Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South Pymatuning Township in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Pymatuning Township, PA
How long does it take to sell a home in South Pymatuning Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 89 Days | +48.3% |
Summary: Homes in South Pymatuning Township had an average of 89 days on market in Mar 2024, up by 48.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Pymatuning Township has remained consistent over time.
Summary: During March 2024, 2 homes were sold in South Pymatuning Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
