Is Ambridge, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ambridge has remained a Seller's Market.
Housing Prices in Ambridge, PA
How much do homes in Ambridge, PA cost?
Median Sold Price
$135,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ambridge was $135,000 in April 2024, up 17.4% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $42K | $85.7K | +104.2% |
2 Bedrooms | $81K | $90K | +11.1% |
3 Bedrooms | $120K | $149K | +24.2% |
4 Bedrooms | $138.4K | $159K | +14.8% |
5+ Bedrooms | $124K | $158.5K | +27.8% |
Summary: Ambridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 104.2%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 27.8%.
Median Sold Price Compared To Nearby Cities
Harmony Township | $160K | $287K | +79.4% |
Ambridge | $115K | $135K | +17.4% |
Leet Township | $360K | $313.3K | -13.0% |
Housing Supply in Ambridge, PA
How many homes are available in Ambridge, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 51 | +18.6% |
Summary: The Ambridge real estate market had 51 homes for sale in April 2024, a 18.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Ambridge 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 10%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Ambridge in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Ambridge, PA
How long does it take to sell a home in Ambridge, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 52 Days | +92.9% |
Summary: Homes in Ambridge had an average of 52 days on market in Apr 2024, up by 92.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Ambridge; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.