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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaver Falls is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Beaver Falls was a Seller's Market.

Key Takeaway

Beaver Falls 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 Beaver Falls, PA

How much do homes in Beaver Falls, PA cost?

Median Sold Price

$205,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,900(+11.4%)

Key Takeaway

Homes in Beaver Falls have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Beaver Falls was $205,000 in October 2024, up 11.4% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72K$45.1K
-37.4%
2 $105K$122.2K
+16.4%
3 $225K$225K
0.0%
4 $267K$280K
+4.9%
5+ $328K$289.9K
-11.6%

Summary: Beaver Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.4%, 2 bedroom homes increased by 16.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Cities

Beaver Falls
+11.4%
Daugherty Township
+6.8%
New Brighton
-16.1%

Housing Supply in Beaver Falls, PA

How many homes are available in Beaver Falls, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
118117-0.8%

Summary: The Beaver Falls real estate market had 117 homes for sale in October 2024, a 0.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 3030
0.0%
3 6258
-6.5%
4 1920
+5.3%
5+ 68
+33.3%

Summary: The Beaver Falls 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 remained the same, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2917-41.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaver Falls, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Beaver Falls in October 2024, down by 41.4% month-over-month. Of the 17 sold homes, 59% were sold under asking, 6% were sold at asking, and 35% were sold over asking.

Days on Market for Beaver Falls, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days47 Days+28.9%

Summary: Homes in Beaver Falls had an average of 47 days on market in Oct 2024, up by 28.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 17 homes were sold in Beaver Falls; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% 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 Falls, PA

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