Is Eighty Four, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eighty Four is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Eighty Four has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Eighty Four, PA

How much do homes in Eighty Four, PA cost?

Median Sold Price

$399,625

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$375(-0.1%)

Key Takeaway

The sold price of homes in Eighty Four has remained the same since last year.

Summary: The median home sold price in Eighty Four was $399,625 in November 2024, down 0.1% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $355K$108.4K
-69.5%
3 $320.7K$408K
+27.2%
4 $533.5K$527.4K
-1.1%
5+ $588.5K$215.9K
-63.3%

Summary: Eighty Four 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 69.5%, 3 bedroom homes increased by 27.2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 63.3%.

Median Sold Price Compared To Nearby Cities

Nottingham Township
+5.6%
Somerset Township
+1.1%
Eighty Four
-0.1%
South Strabane Township
-0.4%

Housing Supply in Eighty Four, PA

How many homes are available in Eighty Four, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2021+5.0%

Summary: The Eighty Four real estate market had 21 homes for sale in November 2024, a 5.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1113
+18.2%
4 87
-12.5%
5+ 11
0.0%

Summary: The Eighty Four 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 remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eighty Four, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Eighty Four in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Eighty Four, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days53 Days-16.9%

Summary: Homes in Eighty Four had an average of 53 days on market in Nov 2024, down by 16.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Eighty Four; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

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