Is Beaver 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, Beaver County has remained a Seller's Market.
Key Takeaway
Beaver County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beaver County, PA
How much do homes in Beaver County, PA cost?
Median Sold Price
$181,748
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Beaver County have sold for 1% more than they did a year ago.
Summary: The median home sold price in Beaver County was $181,748 in May 2024, up 1% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70.5K | $56K | -20.6% |
| 2 Bedrooms | $126.9K | $125K | -1.5% |
| 3 Bedrooms | $189.7K | $200K | +5.4% |
| 4 Bedrooms | $279.7K | $280K | 0.1% |
| 5+ Bedrooms | $311K | $335K | +7.7% |
Summary: Beaver County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Counties
| Hancock County | $131.3K | $137.9K | +5.0% |
| Allegheny County | $226.8K | $236.9K | +4.5% |
| Butler County | $319.9K | $333.2K | +4.2% |
| Lawrence County | $144.6K | $149.9K | +3.7% |
| Beaver County | $180K | $181.7K | +1.0% |
Housing Supply in Beaver County, PA
How many homes are available in Beaver County, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 574 | 624 | +8.7% |
Summary: The Beaver County real estate market had 624 homes for sale in May 2024, a 8.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 116 | 120 | +3.4% |
| 3 Bedrooms | 294 | 338 | +15.0% |
| 4 Bedrooms | 123 | 116 | -5.7% |
| 5+ Bedrooms | 33 | 39 | +18.2% |
Summary: The Beaver County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 130 | 133 | +2.3% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaver County, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.
Summary: A total of 133 homes were sold or pending in Beaver County in May 2024, up by 2.3% month-over-month. Of the 133 sold homes, 41% were sold under asking, 22% were sold at asking, and 37% were sold over asking.
Days on Market for Beaver County, PA
How long does it take to sell a home in Beaver County, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 39 Days | +11.4% |
Summary: Homes in Beaver County had an average of 39 days on market in May 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
90 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beaver County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 133 homes were sold in Beaver County; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.