Is Armstrong County, PA 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, 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
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Armstrong County have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Armstrong County was $155,000 in May 2024, up 6.9% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $35.5K | -45.4% |
| 2 Bedrooms | $89K | $115K | +29.2% |
| 3 Bedrooms | $155K | $164.9K | +6.4% |
| 4 Bedrooms | $179.2K | $204K | +13.8% |
| 5+ Bedrooms | $219.9K | $242K | +10.1% |
Summary: Armstrong County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.4%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Counties
| Clarion County | $139.9K | $163.2K | +16.7% |
| Armstrong County | $145K | $155K | +6.9% |
| Butler County | $319.9K | $333.2K | +4.2% |
| Indiana County | $148K | $152K | +2.7% |
Housing Supply in Armstrong County, PA
How many homes are available in Armstrong County, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 131 | 149 | +13.7% |
Summary: The Armstrong County real estate market had 149 homes for sale in May 2024, a 13.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 14 | 26 | +85.7% |
| 3 Bedrooms | 79 | 85 | +7.6% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Armstrong County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 85.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 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. 46.4% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Armstrong County in May 2024, up by 3.7% month-over-month. Of the 28 sold homes, 46% were sold under asking, 11% were sold at asking, and 43% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 51 Days | 77 Days | +51.1% |
Summary: Homes in Armstrong County had an average of 77 days on market in May 2024, up by 51.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Armstrong County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 28 homes were sold in Armstrong County; 46% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 32% 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