Is Beaver Falls, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Beaver Falls has remained a Seller's Market.
Housing Prices in Beaver Falls, PA
How much do homes in Beaver Falls, PA cost?
Median Sold Price
$184,300
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Beaver Falls was $184,300 in April 2024, up 36.6% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $58.4K | $34K | -41.9% |
2 Bedrooms | $84.5K | $99.9K | +18.2% |
3 Bedrooms | $135K | $225K | +66.7% |
4 Bedrooms | $195K | $244.8K | +25.6% |
5+ Bedrooms | $170K | $328K | +92.9% |
Summary: Beaver Falls housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes increased by 92.9%.
Median Sold Price Compared To Nearby Cities
Beaver Falls | $134.9K | $184.3K | +36.6% |
New Brighton | $124K | $148K | +19.4% |
Daugherty Township | $227.5K | $227K | -0.2% |
Housing Supply in Beaver Falls, PA
How many homes are available in Beaver Falls, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
116 | 109 | -6.0% |
Summary: The Beaver Falls real estate market had 109 homes for sale in April 2024, a 6.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 33 | 32 | -3.0% |
3 Bedrooms | 52 | 45 | -13.5% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Beaver Falls housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 22 | -21.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Beaver Falls in April 2024, down by 21.4% month-over-month. Of the 22 sold homes, 68% were sold under asking, 5% were sold at asking, and 27% were sold over asking.
Days on Market for Beaver Falls, PA
How long does it take to sell a home in Beaver Falls, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 76 Days | +71.7% |
Summary: Homes in Beaver Falls had an average of 76 days on market in Apr 2024, up by 71.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Beaver Falls; 36% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.