$1,661 Closing Credit*
$139,900
936 SqFt
2 Beds
•1 Full Bath
Katelyn Dominelli, Listing Office: Keller Williams Realty
Is Ellwood City, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Ellwood City has remained a Seller's Market.
Key Takeaway
Ellwood City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ellwood City, PA
How much do homes in Ellwood City, PA cost?
Median Sold Price
$160,350
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$350(+0.2%)
Key Takeaway
The sold price of homes in Ellwood City has remained the same since last year.
Summary: The median home sold price in Ellwood City was $160,350 in October 2024, up 0.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96K | $75K | -21.9% |
| 2 Bedrooms | $153.7K | $149K | -3.1% |
| 3 Bedrooms | $159.9K | $162.5K | +1.6% |
| 4 Bedrooms | $185K | $215.5K | +16.5% |
| 5+ Bedrooms | $197.2K | $155K | -21.4% |
Summary: Ellwood City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.9%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 21.4%.
Median Sold Price Compared To Nearby Cities
| Wayne Township | $834.5K | $875K | +4.9% |
| North Sewickley Township | $218.7K | $227.5K | +4.0% |
| Ellwood City | $160K | $160.3K | 0.2% |
Housing Supply in Ellwood City, PA
How many homes are available in Ellwood City, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 91 | +2.2% |
Summary: The Ellwood City real estate market had 91 homes for sale in October 2024, a 2.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 22 | -18.5% |
| 3 Bedrooms | 45 | 50 | +11.1% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Ellwood City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 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. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Ellwood City in October 2024, up by 26.7% month-over-month. Of the 19 sold homes, 47% were sold under asking, 11% were sold at asking, and 42% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 51 Days | -21.2% |
Summary: Homes in Ellwood City had an average of 51 days on market in Oct 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ellwood City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Ellwood City; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
