$949 Closing Credit*
$79,900
3 Beds
•2 Full Baths
Kelly Chess, Listing Office: Berkshire Hathaway The Preferred Realty
Is Arnold, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Arnold was a Seller's Market.
Key Takeaway
Arnold is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arnold, PA
How much do homes in Arnold, PA cost?
Median Sold Price
$80,000
$63/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,993(-14.9%)
Key Takeaway
Homes in Arnold have sold for 14.9% less than they did a year ago.
Summary: The median home sold price in Arnold was $80,000 in October 2024, down 14.9% from last year, and the median price per square foot was $63.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $28.5K | N/A |
| 2 Bedrooms | $75K | $97.5K | +30.0% |
| 3 Bedrooms | $100K | $51.2K | -48.8% |
| 4 Bedrooms | $93.9K | $97.2K | +3.5% |
| 5+ Bedrooms | $59.5K | $144K | +142.0% |
Summary: Arnold housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 48.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 142%.
Median Sold Price Compared To Nearby Cities
| New Kensington | $164K | $170K | +3.7% |
| Arnold | $93.9K | $80K | -14.9% |
Housing Supply in Arnold, PA
How many homes are available in Arnold, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 29 | +26.1% |
Summary: The Arnold real estate market had 29 homes for sale in October 2024, a 26.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Arnold 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 increased by 25%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arnold, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Arnold in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Arnold, PA
How long does it take to sell a home in Arnold, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 39 Days | -18.7% |
Summary: Homes in Arnold had an average of 39 days on market in Oct 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Arnold are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Arnold; 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.
