Is Ambridge, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ambridge is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ambridge has remained a Seller's Market.

Key Takeaway

Ambridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ambridge, PA

How much do homes in Ambridge, PA cost?

Median Sold Price

$149,400

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,400(+16.7%)

Key Takeaway

Homes in Ambridge have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in Ambridge was $149,400 in October 2024, up 16.7% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $50K$85.7K
+71.6%
2 $94.5K$131.5K
+39.2%
3 $149.5K$149.9K
0.3%
4 $144K$154.9K
+7.6%
5+ $124K$168.2K
+35.7%

Summary: Ambridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.6%, 2 bedroom homes increased by 39.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 35.7%.

Median Sold Price Compared To Nearby Cities

Harmony Township
+23.9%
Ambridge
+16.7%
Leetsdale
-4.7%

Housing Supply in Ambridge, PA

How many homes are available in Ambridge, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4846-4.2%

Summary: The Ambridge real estate market had 46 homes for sale in October 2024, a 4.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1311
-15.4%
3 2423
-4.2%
4 78
+14.3%
5+ 33
0.0%

Summary: The Ambridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ambridge, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Ambridge in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Ambridge, PA

How long does it take to sell a home in Ambridge, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days40 Days-36.6%

Summary: Homes in Ambridge had an average of 40 days on market in Oct 2024, down by 36.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ambridge are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Ambridge; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Ambridge, PA

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