Is Burgettstown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burgettstown is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Burgettstown was a Seller's Market.

Key Takeaway

Burgettstown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Burgettstown, PA

How much do homes in Burgettstown, PA cost?

Median Sold Price

$161,000

$63/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$51,000(-24.1%)

Key Takeaway

Homes in Burgettstown have sold for 24.1% less than they did a month ago.

Summary: The median home sold price in Burgettstown was $161,000 in October 2024, down 24.1% from last month, and the median price per square foot was $63.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $134K-
N/A
3 $199K$280K
+40.7%
4 $350K$42K
-88.0%
5+ --
N/A

Summary: Burgettstown 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 40.7%, 4 bedroom homes decreased by 88%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smith Township
-7.1%
Burgettstown
-24.1%

Housing Supply in Burgettstown, PA

How many homes are available in Burgettstown, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2729+7.4%

Summary: The Burgettstown real estate market had 29 homes for sale in October 2024, a 7.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1115
+36.4%
4 85
-37.5%
5+ 22
0.0%

Summary: The Burgettstown 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 16.7%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

2 Homes Were 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 Burgettstown, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Burgettstown in October 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Burgettstown, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
64 Days132 Days+105.4%

Summary: Homes in Burgettstown had an average of 132 days on market in Oct 2024, up by 105.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Burgettstown has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Burgettstown; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Burgettstown, PA

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