$3,978 Closing Credit*
$335,000
4 Beds
•2 Full Baths
Thomas McIntyre, Listing Office: Berkshire Hathaway The Preferred Realty
Is Saxonburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Saxonburg has remained a Seller's Market.
Key Takeaway
Saxonburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saxonburg, PA
How much do homes in Saxonburg, PA cost?
Median Sold Price
$330,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+24.5%)
Key Takeaway
Homes in Saxonburg have sold for 24.5% more than they did a year ago.
Summary: The median home sold price in Saxonburg was $330,000 in October 2024, up 24.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $148K | $185K | +25.0% |
| 3 Bedrooms | $312.4K | $337K | +7.9% |
| 4 Bedrooms | $504.5K | $337.5K | -33.1% |
| 5+ Bedrooms | - | $635K | N/A |
Summary: Saxonburg 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 25%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 33.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Saxonburg | $265K | $330K | +24.5% |
| Jefferson Township | $266K | $298K | +12.0% |
Housing Supply in Saxonburg, PA
How many homes are available in Saxonburg, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The Saxonburg real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Saxonburg 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 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saxonburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Saxonburg in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Saxonburg, PA
How long does it take to sell a home in Saxonburg, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 26 Days | +62.6% |
Summary: Homes in Saxonburg had an average of 26 days on market in Oct 2024, up by 62.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Saxonburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Saxonburg; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
