Is Sarver, 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, Sarver has remained a Seller's Market.
Key Takeaway
Sarver is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sarver, PA
How much do homes in Sarver, PA cost?
Median Sold Price
$322,495
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sarver have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Sarver was $322,495 in May 2024, up 1.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $444.4K | $404K | -9.1% |
| 3 Bedrooms | $288.6K | $275.9K | -4.4% |
| 4 Bedrooms | $403.5K | $385K | -4.6% |
| 5+ Bedrooms | $390K | $415K | +6.4% |
Summary: Sarver 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 9.1%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
| Winfield Township | $276K | $345K | +25.0% |
| Buffalo Township | $315.3K | $325K | +3.1% |
| Sarver | $318.7K | $322.4K | +1.2% |
| Freeport | $185K | $169.3K | -8.5% |
Housing Supply in Sarver, PA
How many homes are available in Sarver, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 31 | +40.9% |
Summary: The Sarver real estate market had 31 homes for sale in May 2024, a 40.9% 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 | 10 | 12 | +20.0% |
| 3 Bedrooms | 5 | 10 | +100.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sarver 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 20%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sarver, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Sarver in May 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Sarver, PA
How long does it take to sell a home in Sarver, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 37 Days | +6.5% |
Summary: Homes in Sarver had an average of 37 days on market in May 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sarver are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Sarver; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
