Is Pittsburg, KS a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pittsburg has remained a Seller's Market.
Key Takeaway
Pittsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pittsburg, KS
How much do homes in Pittsburg, KS cost?
Median Sold Price
$115,000
$85/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in Pittsburg has remained the same since last year.
Summary: The median home sold price in Pittsburg was $115,000 in May 2024, the same as last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | $54K | +170.0% |
| 2 Bedrooms | $72.6K | $80.9K | +11.4% |
| 3 Bedrooms | $130.7K | $201.5K | +54.2% |
| 4 Bedrooms | $173.5K | $193K | +11.2% |
| 5+ Bedrooms | - | $618.8K | N/A |
Summary: Pittsburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 170%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 54.2%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Frontenac | $235K | $252K | +7.2% |
| Pittsburg | $115K | $115K | 0.0% |
Housing Supply in Pittsburg, KS
How many homes are available in Pittsburg, KS?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 113 | 130 | +15.0% |
Summary: The Pittsburg real estate market had 130 homes for sale in May 2024, a 15.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 28 | 32 | +14.3% |
| 3 Bedrooms | 46 | 54 | +17.4% |
| 4 Bedrooms | 27 | 29 | +7.4% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Pittsburg 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 increased by 14.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 37 | +60.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsburg, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Pittsburg in May 2024, up by 60.9% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Pittsburg, KS
How long does it take to sell a home in Pittsburg, KS?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 81 Days | 72 Days | -10.6% |
Summary: Homes in Pittsburg had an average of 72 days on market in May 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pittsburg has remained consistent over time.
Summary: During May 2024, 37 homes were sold in Pittsburg; 0% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.