Is Pitcairn, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pitcairn is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Pitcairn, PA

How much do homes in Pitcairn, PA cost?

Median Sold Price

$95,000

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,750(+23.0%)

Key Takeaway

Homes in Pitcairn have sold for 23% more than they did a year ago.

Summary: The median home sold price in Pitcairn was $95,000 in October 2024, up 23% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $80.7K$74.2K
-8.0%
3 $75K$133K
+77.3%
4 $63K$113K
+79.4%
5+ $82.5K$35K
-57.6%

Summary: Pitcairn 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 decreased by 8%, 3 bedroom homes increased by 77.3%, 4 bedroom homes increased by 79.4%, and 5+ bedroom homes decreased by 57.6%.

Median Sold Price Compared To Nearby Cities

Pitcairn
+23.0%
Monroeville
+7.0%

Housing Supply in Pitcairn, PA

How many homes are available in Pitcairn, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
79+28.6%

Summary: The Pitcairn real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 22
0.0%
4 43
-25.0%
5+ 01
+100.0%

Summary: The Pitcairn 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 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

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 Pitcairn, 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 Pitcairn 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 Pitcairn, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days113 Days+121.6%

Summary: Homes in Pitcairn had an average of 113 days on market in Oct 2024, up by 121.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pitcairn are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Pitcairn; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Pitcairn, PA

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