Is Neshannock Township, 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, Neshannock Township has remained a Seller's Market.
Key Takeaway
Neshannock Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Neshannock Township, PA
How much do homes in Neshannock Township, PA cost?
Median Sold Price
$233,500
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Neshannock Township have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Neshannock Township was $233,500 in May 2024, up 6.2% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $154K | +14.1% |
| 2 Bedrooms | $167K | $170K | +1.8% |
| 3 Bedrooms | $200K | $225K | +12.5% |
| 4 Bedrooms | $273K | $330K | +20.9% |
| 5+ Bedrooms | $329.9K | $372.5K | +12.9% |
Summary: Neshannock Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
| Union Township | $113K | $140.4K | +24.3% |
| Neshannock Township | $219.9K | $233.5K | +6.2% |
| New Castle | $128K | $129.9K | +1.5% |
Housing Supply in Neshannock Township, PA
How many homes are available in Neshannock Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 49 | 52 | +6.1% |
Summary: The Neshannock Township real estate market had 52 homes for sale in May 2024, a 6.1% 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 | 10 | 0.0% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Neshannock 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 remained the same, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Neshannock Township, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Neshannock Township in May 2024, up by 44.4% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for Neshannock Township, PA
How long does it take to sell a home in Neshannock Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 72 Days | 95 Days | +31.8% |
Summary: Homes in Neshannock Township had an average of 95 days on market in May 2024, up by 31.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Neshannock Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Neshannock Township; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.