Is Clarion 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, Clarion County has remained a Seller's Market.
Key Takeaway
Clarion County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarion County, PA
How much do homes in Clarion County, PA cost?
Median Sold Price
$163,250
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clarion County have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Clarion County was $163,250 in May 2024, up 16.7% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $75K | -28.6% |
| 3 Bedrooms | $129.9K | $170.5K | +31.3% |
| 4 Bedrooms | $203.7K | $230K | +12.9% |
| 5+ Bedrooms | $305K | $212.3K | -30.4% |
Summary: Clarion County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 30.4%.
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% |
Housing Supply in Clarion County, PA
How many homes are available in Clarion County, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Clarion County real estate market had 24 homes for sale in May 2024, a 11.1% decrease 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Clarion County 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 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarion County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Clarion County in May 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Clarion County, PA
How long does it take to sell a home in Clarion County, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 130 Days | 75 Days | -42.6% |
Summary: Homes in Clarion County had an average of 75 days on market in May 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Clarion County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Clarion County; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
