Is Irwin, 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, Irwin has remained a Seller's Market.
Housing Prices in Irwin, PA
How much do homes in Irwin, PA cost?
Median Sold Price
$249,916
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Irwin was $249,916 in May 2024, up 5.9% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $10K | $100K | +900.0% |
2 Bedrooms | $136K | $177.2K | +30.3% |
3 Bedrooms | $226.9K | $230K | +1.4% |
4 Bedrooms | $375K | $400K | +6.7% |
5+ Bedrooms | $502.5K | $635K | +26.4% |
Summary: Irwin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 900%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 26.4%.
Median Sold Price Compared To Nearby Cities
Irwin | $236K | $249.9K | +5.9% |
North Huntingdon Township | $230K | $234K | +1.7% |
Housing Supply in Irwin, PA
How many homes are available in Irwin, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
116 | 128 | +10.3% |
Summary: The Irwin real estate market had 128 homes for sale in May 2024, a 10.3% 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 | 12 | 14 | +16.7% |
3 Bedrooms | 57 | 61 | +7.0% |
4 Bedrooms | 41 | 45 | +9.8% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Irwin 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 increased by 16.7%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 27 | -10.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Irwin in May 2024, down by 10.0% month-over-month. Of the 27 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% were sold over asking.
Days on Market for Irwin, PA
How long does it take to sell a home in Irwin, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 29 Days | +11.8% |
Summary: Homes in Irwin had an average of 29 days on market in May 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Irwin; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.