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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaver County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Beaver County has remained a Seller's Market.

Key Takeaway

Beaver County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Beaver County, PA

How much do homes in Beaver County, PA cost?

Median Sold Price

$190,237

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,112(+5.6%)

Key Takeaway

Homes in Beaver County have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Beaver County was $190,237 in October 2024, up 5.6% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70.9K$60.5K
-14.7%
2 $126K$128K
+1.7%
3 $195K$199.7K
+2.4%
4 $275K$289.3K
+5.2%
5+ $383.2K$335K
-12.6%

Summary: Beaver County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.7%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 12.6%.

Median Sold Price Compared To Nearby Counties

Butler County
+8.5%
Beaver County
+5.6%
Allegheny County
+4.9%
Hancock County
+4.7%
Lawrence County
+3.6%

Housing Supply in Beaver County, PA

How many homes are available in Beaver County, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
647655+1.2%

Summary: The Beaver County real estate market had 655 homes for sale in October 2024, a 1.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 143132
-7.7%
3 348361
+3.7%
4 121124
+2.5%
5+ 3033
+10.0%

Summary: The Beaver County 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 decreased by 7.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
143125-12.6%

Asking Price vs. Sold Price

72 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaver County, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.

Summary: A total of 125 homes were sold or pending in Beaver County in October 2024, down by 12.6% month-over-month. Of the 125 sold homes, 58% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Beaver County, PA

How long does it take to sell a home in Beaver County, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days45 Days+3.0%

Summary: Homes in Beaver County had an average of 45 days on market in Oct 2024, up by 3% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 125 homes were sold in Beaver County; 50% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 15% 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 20 Days Ago

Newest Listings in Beaver County, PA

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