Is Allegheny Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Allegheny Township was a Seller's Market.
Housing Prices in Allegheny Township, PA
How much do homes in Allegheny Township, PA cost?
Median Sold Price
$222,400
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Allegheny Township was $222,400 in May 2024, up 10.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $149K | N/A |
2 Bedrooms | $162.2K | $159K | -2.0% |
3 Bedrooms | $207.5K | $217.4K | +4.8% |
4 Bedrooms | $312.5K | $365K | +16.8% |
5+ Bedrooms | $542.7K | $210K | -61.3% |
Summary: Allegheny Township 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 2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 61.3%.
Median Sold Price Compared To Nearby Cities
Allegheny Township | $201.2K | $222.4K | +10.5% |
Leechburg | $139.9K | $150K | +7.2% |
Leechburg | $139.9K | $150K | +7.2% |
Housing Supply in Allegheny Township, PA
How many homes are available in Allegheny Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The Allegheny Township real estate market had 21 homes for sale in May 2024, a 5.0% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 12 | 8 | -33.3% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Allegheny Township 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 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Allegheny Township in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Allegheny Township, PA
How long does it take to sell a home in Allegheny Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 68 Days | +35.2% |
Summary: Homes in Allegheny Township had an average of 68 days on market in May 2024, up by 35.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Allegheny Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.