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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Beaver is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Big Beaver has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Big Beaver, PA

How much do homes in Big Beaver, PA cost?

Median Sold Price

$152,271

$97/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$33,229(-17.9%)

Key Takeaway

Homes in Big Beaver have sold for 17.9% less than they did a month ago.

Summary: The median home sold price in Big Beaver was $152,271 in October 2024, down 17.9% from last month, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$93K
N/A
3 $185.5K$186.1K
0.3%
4 --
N/A
5+ --
N/A

Summary: Big Beaver housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Koppel
+8.8%
Big Beaver
-17.9%

Housing Supply in Big Beaver, PA

How many homes are available in Big Beaver, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Big Beaver real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 53
-40.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Big Beaver 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Big Beaver, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Big Beaver in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Big Beaver, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
61 Days90 Days+46.9%

Summary: Homes in Big Beaver had an average of 90 days on market in Oct 2024, up by 46.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Big Beaver are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Big Beaver; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 Big Beaver, PA

Nearby Markets to Big Beaver, PA

What housing markets are near Big Beaver, PA?