Is Indiana Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Indiana Township has remained a Seller's Market.
Housing Prices in Indiana Township, PA
How much do homes in Indiana Township, PA cost?
Median Sold Price
$214,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Indiana Township was $214,000 in April 2024, down 8.9% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $142K | $129.9K | -8.5% |
3 Bedrooms | $218.2K | $204.9K | -6.1% |
4 Bedrooms | $447.5K | $330K | -26.3% |
5+ Bedrooms | $650K | $303K | -53.4% |
Summary: Indiana Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes decreased by 53.4%.
Median Sold Price Compared To Nearby Cities
Fox Chapel | $875K | $930K | +6.3% |
O'Hara Township | $420K | $399K | -5.0% |
Indiana Township | $235K | $214K | -8.9% |
Housing Supply in Indiana Township, PA
How many homes are available in Indiana Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 96 | +11.6% |
Summary: The Indiana Township real estate market had 96 homes for sale in April 2024, a 11.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 43 | 45 | +4.7% |
4 Bedrooms | 21 | 26 | +23.8% |
5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Indiana Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 22 | +57.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Indiana Township in April 2024, up by 57.1% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and 27% were sold over asking.
Days on Market for Indiana Township, PA
How long does it take to sell a home in Indiana Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 82 Days | +16.4% |
Summary: Homes in Indiana Township had an average of 82 days on market in Apr 2024, up by 16.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Indiana Township; 41% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.