Is Evans City, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evans City is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Evans City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Evans City, PA

How much do homes in Evans City, PA cost?

Median Sold Price

$360,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-1.4%)

Key Takeaway

Homes in Evans City have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Evans City was $360,000 in October 2024, down 1.4% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$52K
N/A
2 $183K$170K
-7.1%
3 $355K$349.9K
-1.4%
4 $438K$466.9K
+6.6%
5+ $895.5K$715.7K
-20.1%

Summary: Evans City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 20.1%.

Median Sold Price Compared To Nearby Cities

Evans City
-1.4%
Jackson Township
-13.6%

Housing Supply in Evans City, PA

How many homes are available in Evans City, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1722+29.4%

Summary: The Evans City real estate market had 22 homes for sale in October 2024, a 29.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 24
+100.0%
3 65
-16.7%
4 711
+57.1%
5+ 11
0.0%

Summary: The Evans 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 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 Evans City, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Evans City in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Evans City, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days36 Days+155.9%

Summary: Homes in Evans City had an average of 36 days on market in Oct 2024, up by 155.9% compared to last year.

Breakdown of Home Sale Times

3 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 Evans City are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Evans City; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Evans City, PA

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