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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyrone is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Tyrone, PA

How much do homes in Tyrone, PA cost?

Median Sold Price

$202,500

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,500(+27.4%)

Key Takeaway

Homes in Tyrone have sold for 27.4% more than they did a year ago.

Summary: The median home sold price in Tyrone was $202,500 in October 2024, up 27.4% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $128K$225K
+75.8%
3 $148K$210K
+41.9%
4 $190K$156.9K
-17.4%
5+ $260K$195K
-25.0%

Summary: Tyrone 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 75.8%, 3 bedroom homes increased by 41.9%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 25%.

Housing Supply in Tyrone, PA

How many homes are available in Tyrone, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Tyrone real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 33
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Tyrone 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

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 Tyrone, 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 Tyrone in October 2024, the same as the previous 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 Tyrone, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days10 Days-23.8%

Summary: Homes in Tyrone had an average of 10 days on market in Oct 2024, down by 23.8% compared to last year.

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 Tyrone are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Tyrone; 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 16 Days Ago

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