Home Sales Down in Allegany County Real Estate Market

The Allegany County market pulled back with a 4.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 44.6 monthly average with 44 homes sold. On the other hand, close-by Washington County registered 161 home sales in the same period, the most of all surrounding counties. Potential buyers should note that prices are coming down in Allegany County, and for this period the median sales price slid from $84,250 to $66,500. Allegany County is a solid buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.

Trying to find a home in Allegany County that offers more bathrooms? Then check out these listings that provide the most bathrooms in the area:

$690K   $269K   $424K  

Get started right now by checking out Allegany County homes for sale or reviewing Allegany County real estate trends.

Demographic facts for Allegany County:

  • The median value of all homes in the area is $114,300.
  • The area gets an average of 132 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 7.5%.
  • The student-to-teacher ratio is 14.3:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Goldsmith Realty, Inc.
Snapped 3 homes in this area
United Country-White Home Team LLC
Snapped 2 homes in this area
United Country-White Home Team LLC
Snapped 1 home in this area

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