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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Transfer is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Transfer was a Neutral Market.

Key Takeaway

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

Housing Prices in Transfer, PA

How much do homes in Transfer, PA cost?

Median Sold Price

$269,500

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,500(-5.4%)

Key Takeaway

Homes in Transfer have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in Transfer was $269,500 in October 2024, down 5.4% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $255K$62K
-75.7%
3 $285K$269K
-5.6%
4 $290K$350K
+20.7%
5+ $1.8M-
N/A

Summary: Transfer 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 75.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pymatuning Township
-3.1%
Transfer
-5.4%

Housing Supply in Transfer, PA

How many homes are available in Transfer, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The Transfer real estate market had 6 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 44
0.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The Transfer 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Transfer, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Transfer in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Transfer, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days44 Days-25.4%

Summary: Homes in Transfer had an average of 44 days on market in Oct 2024, down by 25.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Transfer are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Transfer; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Transfer, PA

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