Is Seward, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seward is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Seward was a Neutral Market.

Key Takeaway

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

Housing Prices in Seward, PA

How much do homes in Seward, PA cost?

Median Sold Price

$112,500

$54/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$97,500(+650.0%)

Key Takeaway

Homes in Seward have sold for 650% more than they did a month ago.

Summary: The median home sold price in Seward was $112,500 in May 2024, up 650% from last month, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $15K$140.2K
+835.0%
4 -$80K
N/A
5+ --
N/A

Summary: Seward housing prices by bedroom type for May 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 835%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saint Clair Township
+835.0%
Seward
+650.0%
Seward
+650.0%

Housing Supply in Seward, PA

How many homes are available in Seward, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
75-28.6%

Summary: The Seward real estate market had 5 homes for sale in May 2024, a 28.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 43
-25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Seward housing inventory by bedroom type for May 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

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 Seward, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Seward in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Seward, PA

How long does it take to sell a home in Seward, PA?

Average Sale Time

Apr 2024May 2024CHANGE
153 Days65 Days-57.3%

Summary: Homes in Seward had an average of 65 days on market in May 2024, down by 57.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seward are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Seward; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in Seward, PA

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