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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Armstrong Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Armstrong Township was a Seller's Market.

Key Takeaway

Armstrong Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Armstrong Township, PA

How much do homes in Armstrong Township, PA cost?

Median Sold Price

$215,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$27,500(-11.3%)

Key Takeaway

Homes in Armstrong Township have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in Armstrong Township was $215,000 in November 2024, down 11.3% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $40K$90.5K
+126.3%
3 $210K$215K
+2.4%
4 $424K$229.6K
-45.8%
5+ --
N/A

Summary: Armstrong Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 126.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 45.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Armstrong Township
-11.3%
Shelocta
-24.0%
Shelocta
-28.3%

Housing Supply in Armstrong Township, PA

How many homes are available in Armstrong Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
86-25.0%

Summary: The Armstrong Township real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 44
0.0%
4 20
-100.0%
5+ 11
0.0%

Summary: The Armstrong Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Armstrong Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Armstrong Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Armstrong Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days33 Days-31.3%

Summary: Homes in Armstrong Township had an average of 33 days on market in Nov 2024, down by 31.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Armstrong Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Armstrong Township; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in Armstrong Township, PA

Nearby Markets to Armstrong Township, PA

What housing markets are near Armstrong Township, PA?