$7,600 Closing Credit*
$640,000
4 Beds
•3 Full Baths, 1 Partial
Heidi Powell, Listing Office: Nexthome Dynamic
Is South Buffalo Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, South Buffalo Township was a Neutral Market.
Key Takeaway
South Buffalo Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Buffalo Township, PA
How much do homes in South Buffalo Township, PA cost?
Median Sold Price
$331,500
$165/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$26,500(+8.7%)
Key Takeaway
Homes in South Buffalo Township have sold for 8.7% more than they did a month ago.
Summary: The median home sold price in South Buffalo Township was $331,500 in October 2024, up 8.7% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $305K | $331.5K | +8.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: South Buffalo Township 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 increased by 8.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Buffalo Township | $305K | $331.5K | +8.7% |
| Freeport | $305K | $189.2K | -38.0% |
Housing Supply in South Buffalo Township, PA
How many homes are available in South Buffalo Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The South Buffalo Township real estate market had 5 homes for sale in October 2024, a 16.7% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Buffalo Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in South Buffalo Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for South Buffalo Township, PA
How long does it take to sell a home in South Buffalo Township, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 5 Days | +150.0% |
Summary: Homes in South Buffalo Township had an average of 5 days on market in Oct 2024, up by 150% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Buffalo Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in South Buffalo Township; 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.
