Is Saxonburg, 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, Saxonburg has remained a Seller's Market.
Housing Prices in Saxonburg, PA
How much do homes in Saxonburg, PA cost?
Median Sold Price
$326,250
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Saxonburg was $326,250 in May 2024, up 16.6% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $149.9K | -11.8% |
3 Bedrooms | $314.8K | $333.5K | +5.9% |
4 Bedrooms | $271K | $340K | +25.5% |
5+ Bedrooms | $595K | - | N/A |
Summary: Saxonburg 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 decreased by 11.8%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Saxonburg | $279.9K | $326.2K | +16.6% |
Jefferson Township | $250.5K | $275K | +9.8% |
Cabot | $308K | $287.5K | -6.7% |
Housing Supply in Saxonburg, PA
How many homes are available in Saxonburg, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Summary: The Saxonburg real estate market had 11 homes for sale in May 2024, a 21.4% decrease 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 | 3 | 1 | -66.7% |
3 Bedrooms | 6 | 3 | -50.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Saxonburg 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 66.7%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Saxonburg in May 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Saxonburg, PA
How long does it take to sell a home in Saxonburg, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
108 Days | 7 Days | -92.9% |
Summary: Homes in Saxonburg had an average of 7 days on market in May 2024, down by 92.9% 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
Summary: During May 2024, 3 homes were sold in Saxonburg; 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.