Is Armstrong County, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Armstrong County is a seller's market

Buyer's
Market

Difference Since November 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.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Armstrong County has remained the same since last year.

Summary: The median home sold price in Armstrong County was $155,000 in November 2024, the same as last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $59K$48K
-18.6%
2 $97K$99.7K
+2.8%
3 $165K$165.5K
0.3%
4 $188.3K$214K
+13.6%
5+ $297K$180K
-39.4%

Summary: Armstrong County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 39.4%.

Median Sold Price Compared To Nearby Counties

Butler County
+8.0%
Indiana County
+5.2%
Armstrong County
0.0%

Housing Supply in Armstrong County, PA

How many homes are available in Armstrong County, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1551550.0%

Summary: The Armstrong County real estate market had 155 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 3737
0.0%
3 7975
-5.1%
4 2933
+13.8%
5+ 89
+12.5%

Summary: The Armstrong County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31310.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Armstrong County, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Armstrong County in November 2024, the same as the previous month. Of the 31 sold homes, 58% were sold under asking, 23% were sold at asking, and 19% 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

Nov 2023Nov 2024CHANGE
46 Days52 Days+12.3%

Summary: Homes in Armstrong County had an average of 52 days on market in Nov 2024, up by 12.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 31 homes were sold in Armstrong County; 42% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 19% 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 21 Days Ago

Newest Listings in Armstrong County, PA

Nearby Markets to Armstrong County, PA

What housing markets are near Armstrong County, PA?