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 November 2023

At the same time last year, 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

$210,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,500(+5.8%)

Key Takeaway

Homes in Burgettstown have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Burgettstown was $210,000 in November 2024, up 5.8% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$82K
N/A
2 $155K$139K
-10.3%
3 $220K$228K
+3.6%
4 $232K$210K
-9.5%
5+ $370K$222.5K
-39.9%

Summary: Burgettstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 39.9%.

Median Sold Price Compared To Nearby Cities

Burgettstown
+5.8%
Smith Township
-9.9%

Housing Supply in Burgettstown, PA

How many homes are available in Burgettstown, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2831+10.7%

Summary: The Burgettstown real estate market had 31 homes for sale in November 2024, a 10.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1515
0.0%
4 56
+20.0%
5+ 12
+100.0%

Summary: The Burgettstown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burgettstown, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Burgettstown in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Nov 2023Nov 2024CHANGE
70 Days4 Days-94.4%

Summary: Homes in Burgettstown had an average of 4 days on market in Nov 2024, down by 94.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Burgettstown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

Nearby Markets to Burgettstown, PA

What housing markets are near Burgettstown, PA?