Is Natrona Heights, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Natrona Heights is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Natrona Heights was a Seller's Market.

Key Takeaway

Natrona Heights 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 Natrona Heights, PA

How much do homes in Natrona Heights, PA cost?

Median Sold Price

$160,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,000(-1.2%)

Key Takeaway

Homes in Natrona Heights have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Natrona Heights was $160,000 in November 2024, down 1.2% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $68.2K$77K
+12.8%
2 $140.5K$140K
-0.4%
3 $169.9K$163.5K
-3.8%
4 $195K$312K
+60.0%
5+ $352K$333.5K
-5.3%

Summary: Natrona Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Cities

Tarentum
+16.7%
Brackenridge
+3.2%
Natrona Heights
-1.2%
Harrison Township
-1.7%

Housing Supply in Natrona Heights, PA

How many homes are available in Natrona Heights, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4845-6.3%

Summary: The Natrona Heights real estate market had 45 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1417
+21.4%
3 2823
-17.9%
4 65
-16.7%
5+ 00
0.0%

Summary: The Natrona Heights 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 increased by 21.4%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Natrona Heights, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Natrona Heights in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Natrona Heights, PA

How long does it take to sell a home in Natrona Heights, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days29 Days+132.4%

Summary: Homes in Natrona Heights had an average of 29 days on market in Nov 2024, up by 132.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Natrona Heights; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 21 Days Ago

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