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 neutral's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Loyalhanna Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Loyalhanna Township, PA

How much do homes in Loyalhanna Township, PA cost?

Median Sold Price

$277,000

$251/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$29,750(+12.0%)

Key Takeaway

Homes in Loyalhanna Township have sold for 12% more than they did a month ago.

Summary: The median home sold price in Loyalhanna Township was $277,000 in November 2024, up 12% from last month, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $247.2K$277K
+12.0%
4 --
N/A
5+ --
N/A

Summary: Loyalhanna Township housing prices by bedroom type for November 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 12%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Loyalhanna Township
+12.0%
Bell Township
-92.6%

Housing Supply in Loyalhanna Township, PA

How many homes are available in Loyalhanna Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Loyalhanna Township real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Loyalhanna Township 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loyalhanna Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Oct 2024Nov 2024CHANGE
32 Days4 Days-87.5%

Summary: Homes in Loyalhanna Township had an average of 4 days on market in Nov 2024, down by 87.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Loyalhanna Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Loyalhanna Township; 100% of homes were sold within 30 days, 0% 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 24 Days Ago

Newest Listings in Loyalhanna Township, PA

Nearby Markets to Loyalhanna Township, PA

What housing markets are near Loyalhanna Township, PA?