Is Armstrong County, 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, Armstrong County has remained a Seller's Market.
Key Takeaway
Armstrong County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Armstrong County, PA
How much do homes in Armstrong County, PA cost?
Median Sold Price
$155,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Armstrong County have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Armstrong County was $155,000 in April 2024, up 9.6% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $35.5K | -45.4% |
| 2 Bedrooms | $90.1K | $111K | +23.2% |
| 3 Bedrooms | $155K | $166.9K | +7.7% |
| 4 Bedrooms | $188.3K | $180K | -4.4% |
| 5+ Bedrooms | $187K | $297K | +58.9% |
Summary: Armstrong County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.4%, 2 bedroom homes increased by 23.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 58.9%.
Median Sold Price Compared To Nearby Counties
| Armstrong County | $141.4K | $155K | +9.6% |
| Butler County | $308.6K | $330.9K | +7.2% |
| Indiana County | $145K | $154.9K | +6.8% |
Housing Supply in Armstrong County, PA
How many homes are available in Armstrong County, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 131 | 132 | +0.8% |
Summary: The Armstrong County real estate market had 132 homes for sale in April 2024, a 0.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 19 | 16 | -15.8% |
| 3 Bedrooms | 78 | 77 | -1.3% |
| 4 Bedrooms | 22 | 25 | +13.6% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Armstrong County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 26 | -21.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Armstrong County, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Armstrong County in April 2024, down by 21.2% month-over-month. Of the 26 sold homes, 54% were sold under asking, 27% were sold at asking, and 19% were sold over asking.
Days on Market for Armstrong County, PA
How long does it take to sell a home in Armstrong County, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 76 Days | 77 Days | +1.9% |
Summary: Homes in Armstrong County had an average of 77 days on market in Apr 2024, up by 1.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Armstrong County has remained consistent over time.
Summary: During April 2024, 26 homes were sold in Armstrong County; 27% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally