$2,933 Closing Credit*
$247,000
1,056 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kody Flanders, Listing Office: Hometown Properties Inc.
Is Kittanning, 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, Kittanning has remained a Seller's Market.
Key Takeaway
Kittanning is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kittanning, PA
How much do homes in Kittanning, PA cost?
Median Sold Price
$160,129
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$129(+0.1%)
Key Takeaway
The sold price of homes in Kittanning has remained the same since last year.
Summary: The median home sold price in Kittanning was $160,129 in November 2024, up 0.1% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40.9K | N/A |
| 2 Bedrooms | $85.5K | $127.7K | +49.4% |
| 3 Bedrooms | $180K | $175K | -2.8% |
| 4 Bedrooms | $188.3K | $221K | +17.4% |
| 5+ Bedrooms | $219.9K | $151.3K | -31.2% |
Summary: Kittanning 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 increased by 49.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 31.2%.
Median Sold Price Compared To Nearby Cities
| Manor Township | $192.2K | $199.9K | +4.0% |
| Kittanning | $160K | $160.1K | 0.1% |
| East Franklin Township | $216.4K | $198.5K | -8.3% |
Housing Supply in Kittanning, PA
How many homes are available in Kittanning, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 37 | -11.9% |
Summary: The Kittanning real estate market had 37 homes for sale in November 2024, a 11.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kittanning housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kittanning, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Kittanning in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Kittanning, PA
How long does it take to sell a home in Kittanning, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 97 Days | +76.0% |
Summary: Homes in Kittanning had an average of 97 days on market in Nov 2024, up by 76% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kittanning has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Kittanning; 0% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
