$1,306 Closing Credit*
$110,000
1,808 SqFt
4 Beds
•1 Full Bath, 1 Partial
Paula Bracken, Listing Office: Realty One Group Landmark
Is Indiana County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Indiana County has remained a Seller's Market.
Key Takeaway
Indiana County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Indiana County, PA
How much do homes in Indiana County, PA cost?
Median Sold Price
$160,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,957(+5.2%)
Key Takeaway
Homes in Indiana County have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Indiana County was $160,000 in November 2024, up 5.2% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.5K | $45K | +83.7% |
| 2 Bedrooms | $105.7K | $108.7K | +2.8% |
| 3 Bedrooms | $153.9K | $169K | +9.8% |
| 4 Bedrooms | $225K | $244K | +8.4% |
| 5+ Bedrooms | $210K | $281.7K | +34.2% |
Summary: Indiana County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.7%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 34.2%.
Median Sold Price Compared To Nearby Counties
| Westmoreland County | $194.9K | $209K | +7.2% |
| Indiana County | $152K | $160K | +5.2% |
| Armstrong County | $155K | $155K | 0.0% |
Housing Supply in Indiana County, PA
How many homes are available in Indiana County, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 188 | 178 | -5.3% |
Summary: The Indiana County real estate market had 178 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 23 | 28 | +21.7% |
| 3 Bedrooms | 106 | 100 | -5.7% |
| 4 Bedrooms | 39 | 31 | -20.5% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Indiana County 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 increased by 21.7%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 30 | -28.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indiana County, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Indiana County in November 2024, down by 28.6% month-over-month. Of the 30 sold homes, 47% were sold under asking, 3% were sold at asking, and 50% were sold over asking.
Days on Market for Indiana County, PA
How long does it take to sell a home in Indiana County, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 40 Days | +8.1% |
Summary: Homes in Indiana County had an average of 40 days on market in Nov 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Indiana County has remained consistent over time.
Summary: During November 2024, 30 homes were sold in Indiana County; 37% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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.