$2,197 Closing Credit*
$185,000
3 Beds
•1 Full Bath, 1 Partial
Jessica Payne, Listing Office: Realty One Group Horizon
Is Armstrong County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$850(+0.6%)
Key Takeaway
Homes in Armstrong County have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Armstrong County was $155,000 in October 2024, up 0.6% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59K | $49.4K | -16.2% |
| 2 Bedrooms | $95K | $95.7K | +0.8% |
| 3 Bedrooms | $164.9K | $168.2K | +2.0% |
| 4 Bedrooms | $182.5K | $220K | +20.5% |
| 5+ Bedrooms | $297K | $189.9K | -36.1% |
Summary: Armstrong County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 36.1%.
Median Sold Price Compared To Nearby Counties
| Butler County | $322.7K | $350.1K | +8.5% |
| Armstrong County | $154.1K | $155K | +0.6% |
| Indiana County | $155K | $152.2K | -1.8% |
Housing Supply in Armstrong County, PA
How many homes are available in Armstrong County, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 167 | 163 | -2.4% |
Summary: The Armstrong County real estate market had 163 homes for sale in October 2024, a 2.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 42 | 38 | -9.5% |
| 3 Bedrooms | 88 | 87 | -1.1% |
| 4 Bedrooms | 25 | 27 | +8.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Armstrong County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 28 | -20.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 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. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Armstrong County in October 2024, down by 20.0% month-over-month. Of the 28 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 57 Days | +57.2% |
Summary: Homes in Armstrong County had an average of 57 days on market in Oct 2024, up by 57.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Armstrong County has remained consistent over time.
Summary: During October 2024, 28 homes were sold in Armstrong County; 36% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
