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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Buffalo Township is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, North Buffalo Township has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in North Buffalo Township, PA

How much do homes in North Buffalo Township, PA cost?

Median Sold Price

$182,500

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,160(-2.2%)

Key Takeaway

Homes in North Buffalo Township have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in North Buffalo Township was $182,500 in October 2024, down 2.2% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $75K$144K
+92.0%
3 $185K$180K
-2.7%
4 $188.3K$285K
+51.3%
5+ $219.9K-
N/A

Summary: North Buffalo 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 92%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 51.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ford City
+20.9%
North Buffalo Township
-2.2%

Housing Supply in North Buffalo Township, PA

How many homes are available in North Buffalo Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
69+50.0%

Summary: The North Buffalo Township real estate market had 9 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 24
+100.0%
4 33
0.0%
5+ 00
0.0%

Summary: The North Buffalo 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

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 North Buffalo 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 North Buffalo Township in October 2024, up by 100.0% month-over-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 North Buffalo Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
73 Days59 Days-19.2%

Summary: Homes in North Buffalo Township had an average of 59 days on market in Oct 2024, down by 19.2% compared to last year.

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 North Buffalo Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in North Buffalo 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 16 Days Ago

Newest Listings in North Buffalo Township, PA

Nearby Markets to North Buffalo Township, PA

What housing markets are near North Buffalo Township, PA?