Is Duquesne, 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, Duquesne was a Neutral Market.
Key Takeaway
Duquesne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Duquesne, PA
How much do homes in Duquesne, PA cost?
Median Sold Price
$48,750
$39/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Duquesne have sold for 33.9% less than they did a year ago.
Summary: The median home sold price in Duquesne was $48,750 in May 2024, down 33.9% from last year, and the median price per square foot was $39.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $37.5K | $43.7K | +16.7% |
| 3 Bedrooms | $85.9K | $50.5K | -41.2% |
| 4 Bedrooms | $60.8K | $117.5K | +93.0% |
| 5+ Bedrooms | - | $36.5K | N/A |
Summary: Duquesne 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 increased by 16.7%, 3 bedroom homes decreased by 41.2%, 4 bedroom homes increased by 93%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Braddock | $60.2K | $82.5K | +36.9% |
| North Versailles | $130.5K | $139K | +6.5% |
| West Mifflin | $167.5K | $165K | -1.5% |
| McKeesport | $109.9K | $104.7K | -4.8% |
| Duquesne | $73.7K | $48.7K | -33.9% |
Housing Supply in Duquesne, PA
How many homes are available in Duquesne, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Duquesne real estate market had 16 homes for sale in May 2024, a 6.7% 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Duquesne 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 11.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Duquesne, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Duquesne in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Duquesne, PA
How long does it take to sell a home in Duquesne, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 16 Days | -37.8% |
Summary: Homes in Duquesne had an average of 16 days on market in May 2024, down by 37.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Duquesne are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Duquesne; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
