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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tyrone Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Tyrone Township, PA

How much do homes in Tyrone Township, PA cost?

Median Sold Price

$220,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,500(+27.5%)

Key Takeaway

Homes in Tyrone Township have sold for 27.5% more than they did a year ago.

Summary: The median home sold price in Tyrone Township was $220,000 in October 2024, up 27.5% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $160K$222.5K
+39.1%
3 $165K$219K
+32.7%
4 $200K$224.9K
+12.5%
5+ $260K$350.8K
+34.9%

Summary: Tyrone Township 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 39.1%, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 34.9%.

Median Sold Price Compared To Nearby Cities

Tyrone Township
+27.5%
Reading Township
+8.7%
Butler Township
+6.0%

Housing Supply in Tyrone Township, PA

How many homes are available in Tyrone Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1312-7.7%

Summary: The Tyrone Township real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 78
+14.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Tyrone 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 decreased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, 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 Township, 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 Township 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 Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days10 Days-22.0%

Summary: Homes in Tyrone Township had an average of 10 days on market in Oct 2024, down by 22% 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Tyrone 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Tyrone Township, PA

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What housing markets are near Tyrone Township, PA?