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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Renfrew is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Renfrew has remained a Seller's Market.

Key Takeaway

Renfrew is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Renfrew, PA

How much do homes in Renfrew, PA cost?

Median Sold Price

$372,000

$201/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$43,000(-10.4%)

Key Takeaway

Homes in Renfrew have sold for 10.4% less than they did a month ago.

Summary: The median home sold price in Renfrew was $372,000 in October 2024, down 10.4% from last month, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $415K$331K
-20.2%
4 -$479.9K
N/A
5+ --
N/A

Summary: Renfrew 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 decreased by 20.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Forward Township
+14.3%
Connoquenessing
+1.4%
Renfrew
-10.4%

Housing Supply in Renfrew, PA

How many homes are available in Renfrew, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1412-14.3%

Summary: The Renfrew real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 117
-36.4%
4 24
+100.0%
5+ 11
0.0%

Summary: The Renfrew 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 remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Renfrew, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Renfrew in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Renfrew, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
14 Days12 Days-14.4%

Summary: Homes in Renfrew had an average of 12 days on market in Oct 2024, down by 14.4% compared to last month.

Breakdown of Home Sale Times

3 Homes Were 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 Renfrew are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Renfrew; 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 14 Days Ago

Newest Listings in Renfrew, PA

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