Is Beaver Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Beaver Township has remained a Seller's Market.
Housing Prices in Beaver Township, PA
How much do homes in Beaver Township, PA cost?
Median Sold Price
$282,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Beaver Township was $282,000 in May 2024, up 2.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $164.8K | $195K | +18.3% |
3 Bedrooms | $225K | $250K | +11.1% |
4 Bedrooms | $373.7K | $387.5K | +3.7% |
5+ Bedrooms | $500K | $590K | +18.0% |
Summary: Beaver Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 18%.
Housing Supply in Beaver Township, PA
How many homes are available in Beaver Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 | 77 | +6.9% |
Summary: The Beaver Township real estate market had 77 homes for sale in May 2024, a 6.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 35 | 42 | +20.0% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Beaver Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Beaver Township in May 2024, up by 21.4% month-over-month. Of the 17 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.
Days on Market for Beaver Township, PA
How long does it take to sell a home in Beaver Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 30 Days | -25.2% |
Summary: Homes in Beaver Township had an average of 30 days on market in May 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Beaver Township; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.