$1,544 Closing Credit*
$130,000
900 SqFt
3 Beds
•2 Full Baths, 1 Partial
Carissa Sitterly, Listing Office: Howard Hanna Real Estate Services
Is Ambridge, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$148,900
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$21,650(+17.0%)
Key Takeaway
Homes in Ambridge have sold for 17% more than they did a year ago.
Summary: The median home sold price in Ambridge was $148,900 in September 2024, up 17% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $85.7K | +71.6% |
| 2 Bedrooms | $94.5K | $130K | +37.6% |
| 3 Bedrooms | $149K | $150K | +0.7% |
| 4 Bedrooms | $144.5K | $149.9K | +3.7% |
| 5+ Bedrooms | $124K | $168.2K | +35.7% |
Summary: Ambridge housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.6%, 2 bedroom homes increased by 37.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 35.7%.
Median Sold Price Compared To Nearby Cities
| Ambridge | $127.2K | $148.9K | +17.0% |
| Harmony Township | $256K | $291K | +13.7% |
Housing Supply in Ambridge, PA
How many homes are available in Ambridge, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 46 | 51 | +10.9% |
Summary: The Ambridge real estate market had 51 homes for sale in September 2024, a 10.9% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Ambridge housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ambridge, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Ambridge in September 2024, down by 25.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 52 Days | 23 Days | -55.2% |
Summary: Homes in Ambridge had an average of 23 days on market in Sep 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
7 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 Ambridge are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 9 homes were sold in Ambridge; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
