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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Champion is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Champion, PA

How much do homes in Champion, PA cost?

Median Sold Price

$394,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$36,000(-8.4%)

Key Takeaway

Homes in Champion have sold for 8.4% less than they did a year ago.

Summary: The median home sold price in Champion was $394,000 in October 2024, down 8.4% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $213.5K$215K
+0.7%
2 $404.2K$380K
-6.0%
3 $442K$426.7K
-3.5%
4 $530K$540K
+1.9%
5+ $1.1M$1.5M
+32.8%

Summary: Champion housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 32.8%.

Median Sold Price Compared To Nearby Cities

Saltlick Township
+6.9%
Champion
-8.4%

Housing Supply in Champion, PA

How many homes are available in Champion, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5347-11.3%

Summary: The Champion real estate market had 47 homes for sale in October 2024, a 11.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 1513
-13.3%
3 2320
-13.0%
4 98
-11.1%
5+ 23
+50.0%

Summary: The Champion housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

3 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 Champion, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Champion in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Champion, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days94 Days+211.8%

Summary: Homes in Champion had an average of 94 days on market in Oct 2024, up by 211.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Champion; 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 16 Days Ago

Newest Listings in Champion, PA

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