Is Pittsburg, KS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pittsburg is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Pittsburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pittsburg, KS

How much do homes in Pittsburg, KS cost?

Median Sold Price

$115,000

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,500(+12.2%)

Key Takeaway

Homes in Pittsburg have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Pittsburg was $115,000 in April 2024, up 12.2% from last year, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$32K
N/A
2 $72.6K$80.9K
+11.4%
3 $115K$180K
+56.5%
4 $260.7K$159.5K
-38.8%
5+ -$850K
N/A

Summary: Pittsburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 56.5%, 4 bedroom homes decreased by 38.8%, and 5+ bedroom homes did not change.

Housing Supply in Pittsburg, KS

How many homes are available in Pittsburg, KS?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
97113+16.5%

Summary: The Pittsburg real estate market had 113 homes for sale in April 2024, a 16.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 3127
-12.9%
3 4146
+12.2%
4 2026
+30.0%
5+ 413
+225.0%

Summary: The Pittsburg 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 decreased by 12.9%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 225%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2723-14.8%

Asking Price vs. Sold Price

4 Homes Were 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 Pittsburg, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Pittsburg in April 2024, down by 14.8% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Pittsburg, KS

How long does it take to sell a home in Pittsburg, KS?

Average Sale Time

Apr 2023Apr 2024CHANGE
61 Days58 Days-4.9%

Summary: Homes in Pittsburg had an average of 58 days on market in Apr 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pittsburg has remained consistent over time.

Summary: During April 2024, 23 homes were sold in Pittsburg; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% 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 1 Day Ago

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