Is Loyalhanna Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loyalhanna Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Loyalhanna Township was a Seller's Market.

Key Takeaway

Loyalhanna Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Loyalhanna Township, PA

How much do homes in Loyalhanna Township, PA cost?

Median Sold Price

$247,250

$133/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$22,250(+9.9%)

Key Takeaway

Homes in Loyalhanna Township have sold for 9.9% more than they did a month ago.

Summary: The median home sold price in Loyalhanna Township was $247,250 in October 2024, up 9.9% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $225K$247.2K
+9.9%
4 --
N/A
5+ --
N/A

Summary: Loyalhanna Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Loyalhanna Township
+9.9%
Saltsburg
-5.1%

Housing Supply in Loyalhanna Township, PA

How many homes are available in Loyalhanna Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
510+100.0%

Summary: The Loyalhanna Township real estate market had 10 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 57
+40.0%
4 02
+100.0%
5+ 00
0.0%

Summary: The Loyalhanna 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 increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loyalhanna Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Loyalhanna Township in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Loyalhanna Township, PA

How long does it take to sell a home in Loyalhanna Township, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
90 Days32 Days-64.4%

Summary: Homes in Loyalhanna Township had an average of 32 days on market in Oct 2024, down by 64.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Loyalhanna Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Loyalhanna Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Loyalhanna Township, PA

Nearby Markets to Loyalhanna Township, PA

What housing markets are near Loyalhanna Township, PA?