$5,343 Closing Credit*
$449,900
3,680 SqFt
4 Beds
•3 Full Baths, 1 Partial
Michael Vieira, Listing Office: Exp Realty Llc
Is Ellwood City, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ellwood City was a Seller's Market.
Key Takeaway
Ellwood City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ellwood City, PA
How much do homes in Ellwood City, PA cost?
Median Sold Price
$163,900
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,900(+3.7%)
Key Takeaway
Homes in Ellwood City have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Ellwood City was $163,900 in November 2024, up 3.7% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96K | $75K | -21.9% |
| 2 Bedrooms | $155.8K | $148.5K | -4.7% |
| 3 Bedrooms | $155K | $165K | +6.5% |
| 4 Bedrooms | $173K | $232.5K | +34.4% |
| 5+ Bedrooms | $175K | $225K | +28.6% |
Summary: Ellwood City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.9%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes increased by 28.6%.
Median Sold Price Compared To Nearby Cities
| Perry Township | $167K | $267.5K | +60.2% |
| North Sewickley Township | $215K | $232.4K | +8.1% |
| Ellwood City | $158K | $163.9K | +3.7% |
| Wayne Township | $863K | $851.7K | -1.3% |
Housing Supply in Ellwood City, PA
How many homes are available in Ellwood City, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 79 | -12.2% |
Summary: The Ellwood City real estate market had 79 homes for sale in November 2024, a 12.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 48 | 40 | -16.7% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Ellwood City 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 decreased by 9.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 11 | -45.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ellwood City, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Ellwood City in November 2024, down by 45.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for Ellwood City, PA
How long does it take to sell a home in Ellwood City, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 42 Days | -13.2% |
Summary: Homes in Ellwood City had an average of 42 days on market in Nov 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ellwood City has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Ellwood City; 18% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.