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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saltsburg is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Saltsburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Saltsburg, PA

How much do homes in Saltsburg, PA cost?

Median Sold Price

$192,500

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$27,775(+16.9%)

Key Takeaway

Homes in Saltsburg have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Saltsburg was $192,500 in December 2024, up 16.9% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $105K$160K
+52.4%
3 $160K$210K
+31.3%
4 $175.1K$75.7K
-56.7%
5+ $134.9K$375K
+177.9%

Summary: Saltsburg housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.4%, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 56.7%, and 5+ bedroom homes increased by 177.9%.

Housing Supply in Saltsburg, PA

How many homes are available in Saltsburg, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1213+8.3%

Summary: The Saltsburg real estate market had 13 homes for sale in December 2024, a 8.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 68
+33.3%
4 43
-25.0%
5+ 00
0.0%

Summary: The Saltsburg housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saltsburg, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Saltsburg in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Saltsburg, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
14 Days18 Days+28.6%

Summary: Homes in Saltsburg had an average of 18 days on market in Dec 2024, up by 28.6% compared to last year.

Breakdown of Home Sale Times

2 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

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

Summary: During December 2024, 3 homes were sold in Saltsburg; 67% of homes were sold within 30 days, 33% 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 4 Days Ago

Newest Listings in Saltsburg, PA

Nearby Markets to Saltsburg, PA