Is Buffalo Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Buffalo Township has remained a Seller's Market.
Key Takeaway
Buffalo Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Buffalo Township, PA
How much do homes in Buffalo Township, PA cost?
Median Sold Price
$430,000
$193/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Buffalo Township have sold for 79.2% more than they did a month ago.
Summary: The median home sold price in Buffalo Township was $430,000 in May 2024, up 79.2% from last month, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $240K | $430K | +79.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Buffalo Township 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 79.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Buffalo Township, PA
How many homes are available in Buffalo Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Buffalo Township real estate market had 4 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Buffalo Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Buffalo Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Buffalo Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Buffalo Township, PA
How long does it take to sell a home in Buffalo Township, PA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 88 Days | 39 Days | -55.7% |
Summary: Homes in Buffalo Township had an average of 39 days on market in May 2024, down by 55.7% compared to last month.
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
Key Takeaway
Avg time on Rocket Homes in Buffalo Township has remained consistent over time.
Summary: During May 2024, 1 homes were sold in 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.
