Is South Buffalo Township, 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, South Buffalo Township has remained a Neutral Market.
Housing Prices in South Buffalo Township, PA
How much do homes in South Buffalo Township, PA cost?
Median Sold Price
$255,282
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Buffalo Township was $255,282 in April 2024, up 24.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $105K | $160K | +52.4% |
3 Bedrooms | $201K | $250.2K | +24.5% |
4 Bedrooms | $356.4K | $255K | -28.5% |
5+ Bedrooms | - | $595K | N/A |
Summary: South Buffalo Township 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 52.4%, 3 bedroom homes increased by 24.5%, 4 bedroom homes decreased by 28.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
South Buffalo Township | $205.5K | $255.2K | +24.2% |
Freeport | $152.5K | $176.2K | +15.5% |
Sarver | $306.5K | $327.4K | +6.8% |
Housing Supply in South Buffalo Township, PA
How many homes are available in South Buffalo Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Summary: The South Buffalo Township real estate market had 7 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The South Buffalo Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in South Buffalo Township in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for South Buffalo Township, PA
How long does it take to sell a home in South Buffalo Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 62 Days | +3000.0% |
Summary: Homes in South Buffalo Township had an average of 62 days on market in Apr 2024, up by 3000% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in South Buffalo Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.