Is Kittanning Township, 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, Kittanning Township has remained a Seller's Market.
Housing Prices in Kittanning Township, PA
How much do homes in Kittanning Township, PA cost?
Median Sold Price
$165,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kittanning Township was $165,000 in April 2024, up 11.1% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $27K | N/A |
2 Bedrooms | $95.5K | $139.9K | +46.5% |
3 Bedrooms | $169.9K | $181.5K | +6.8% |
4 Bedrooms | $155.9K | $219.7K | +40.9% |
5+ Bedrooms | $245.5K | - | N/A |
Summary: Kittanning Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 40.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Manor Township | $140K | $219.9K | +57.1% |
Kittanning Township | $148.5K | $165K | +11.1% |
Housing Supply in Kittanning Township, PA
How many homes are available in Kittanning Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 41 | +5.1% |
Summary: The Kittanning Township real estate market had 41 homes for sale in April 2024, a 5.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Kittanning Township housing inventory by bedroom type for April 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 8.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Kittanning Township in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Kittanning Township, PA
How long does it take to sell a home in Kittanning Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
86 Days | 61 Days | -28.6% |
Summary: Homes in Kittanning Township had an average of 61 days on market in Apr 2024, down by 28.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Kittanning Township; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.