Is Center Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center Township is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Center Township was a Seller's Market.

Key Takeaway

Center Township 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 Center Township, PA

How much do homes in Center Township, PA cost?

Median Sold Price

$290,200

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,700(+4.6%)

Key Takeaway

Homes in Center Township have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Center Township was $290,200 in December 2024, up 4.6% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $212.5K$218.4K
+2.8%
3 $261.2K$260K
-0.5%
4 $369.9K$395K
+6.8%
5+ $385K$212.5K
-44.8%

Summary: Center Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 44.8%.

Median Sold Price Compared To Nearby Cities

Potter Township
+18.8%
Center Township
+4.6%
Conway
+3.3%
Beaver
0.4%
Monaca
-2.4%

Housing Supply in Center Township, PA

How many homes are available in Center Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4342-2.3%

Summary: The Center Township real estate market had 42 homes for sale in December 2024, a 2.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2323
0.0%
4 1313
0.0%
5+ 43
-25.0%

Summary: The Center Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Center Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Center Township in December 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for Center Township, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
61 Days34 Days-44.3%

Summary: Homes in Center Township had an average of 34 days on market in Dec 2024, down by 44.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 7 homes were sold in Center Township; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 4 Days Ago

Newest Listings in Center Township, PA

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What housing markets are near Center Township, PA?