Ford City Housing Market Report January 2025Armstrong County, Pennsylvania

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Housing Prices in Ford City, PA

How much do homes in Ford City, PA cost?

Housing Market Conditions

Is Ford City, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Ford City is a Seller's Market

Difference Since January 2024

At the same time last year, Ford City was a Buyer's Market.

Insight

Ford City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$137,500$88/SqFt
-$27,500
-16.7%

Based on all homes sold in the last 12 months

Insight

Homes in Ford City have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in Ford City was $137,500 in January 2025, down 16.7% from last year, and the median price per square foot was $88.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1-$33K
N/A
2$55.5K$72.5K
+30.6%
3$180K$160K
-11.1%
4$176.5K$224K
+26.9%
5-$193.5K
N/A

Summary: Ford City housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +30.6%. The home price for 3 bedroom homes decreased by -11.1%. The home price for 4 bedroom homes increased by +26.9%. The home price for 5 bedroom homes did not change.

Housing supply in Ford City, PA

How many homes are available in Ford City, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
14Last MonthJan 2025
192 months agoDec 2024
-26.3 %
Change MoMDec – Jan

Summary: The Ford City real estate market had 14 homes for sale in Jan 2025, a 26.3 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthJan 2025
72 months agoDec 2024
-57.1 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
264
-33.3%
397
-22.2%
443
-25.0%
500
0.0%

Summary: Ford City housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -22.2%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Ford City, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Ford City, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Ford City in January 2025, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.

Days on Market for Ford City, PA

How long does it take to sell a home in Ford City, PA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Most homes in Ford City are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 3 homes were sold in Ford City; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
192 DaysThis YearJan 2025
47 Days1 year agoJan 2024
+304.2 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Ford City had an average listing age of 192 days in Jan 2025, up by 304.2% compared to the previous year.

Newest Listings in Ford City, PA

What homes are available in Ford City, PA?

Nearby markets

Nearby markets aren't available for Ford City, PA

MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., for the period 02/01/2023 - 02/01/2025

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.