$3,681 Closing Credit*
$310,000
2,344 SqFt
3 Beds
•2 Full Baths
Mike & Melissa Barker Team/Dave Brink, Listing Office: Re/Max Select Realty
Is Kittanning Township, 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, Kittanning Township has remained a Seller's Market.
Key Takeaway
Kittanning Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kittanning Township, PA
How much do homes in Kittanning Township, PA cost?
Median Sold Price
$160,064
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,564(+1.6%)
Key Takeaway
Homes in Kittanning Township have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Kittanning Township was $160,064 in October 2024, up 1.6% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40.9K | N/A |
| 2 Bedrooms | $76K | $134.5K | +77.0% |
| 3 Bedrooms | $174.9K | $174K | -0.5% |
| 4 Bedrooms | $185K | $258.5K | +39.7% |
| 5+ Bedrooms | $219.9K | $151.3K | -31.2% |
Summary: Kittanning Township 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 increased by 77%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 39.7%, and 5+ bedroom homes decreased by 31.2%.
Median Sold Price Compared To Nearby Cities
| Manor Township | $182.5K | $207.4K | +13.7% |
| Kittanning Township | $157.5K | $160K | +1.6% |
Housing Supply in Kittanning Township, PA
How many homes are available in Kittanning Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 45 | +9.8% |
Summary: The Kittanning Township real estate market had 45 homes for sale in October 2024, a 9.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Kittanning Township 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 15.4%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kittanning Township, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Kittanning Township in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Kittanning Township, PA
How long does it take to sell a home in Kittanning Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 61 Days | +64.2% |
Summary: Homes in Kittanning Township had an average of 61 days on market in Oct 2024, up by 64.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kittanning Township has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Kittanning Township; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
