$8,301 Closing Credit*
$699,000
4,600 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kathleen MacKinnon, Listing Office: Realty One Group Landmark
Is Kittanning Township, 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 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
$158,064
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$564(+0.4%)
Key Takeaway
The sold price of homes in Kittanning Township has remained the same since last year.
Summary: The median home sold price in Kittanning Township was $158,064 in November 2024, up 0.4% from last year, and the median price per square foot was $116.
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 | $175K | $172.5K | -1.4% |
| 4 Bedrooms | $188.3K | $221K | +17.4% |
| 5+ Bedrooms | $219.9K | $151.3K | -31.2% |
Summary: Kittanning Township 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 1.4%, 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 Township | $157.5K | $158K | 0.4% |
Housing Supply in Kittanning Township, PA
How many homes are available in Kittanning Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 37 | -11.9% |
Summary: The Kittanning Township 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 Township 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 Township, 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 Township 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 Township, PA
How long does it take to sell a home in Kittanning Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 97 Days | +76.0% |
Summary: Homes in Kittanning Township 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 Township has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Kittanning Township; 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.
