Is Allegheny West, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Allegheny West was a Seller's Market.
Housing Prices in Allegheny West, PA
How much do homes in Allegheny West, PA cost?
Median Sold Price
$86,000
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Allegheny West was $86,000 in April 2024, down 3.8% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $89.4K | $60K | -32.9% |
3 Bedrooms | $85.4K | $91K | +6.6% |
4 Bedrooms | $134.5K | $157.5K | +17.1% |
5+ Bedrooms | $135K | $156.1K | +15.6% |
Summary: Allegheny West 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 32.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Neighborhoods
Tioga | $90K | $111.2K | +23.6% |
Allegheny West | $89.4K | $86K | -3.8% |
Upper North Philadelphia | $89.4K | $85K | -4.9% |
Housing Supply in Allegheny West, PA
How many homes are available in Allegheny West, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 76 | +20.6% |
Summary: The Allegheny West real estate market had 76 homes for sale in April 2024, a 20.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 18 | -5.3% |
3 Bedrooms | 39 | 50 | +28.2% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Allegheny West 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 5.3%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Allegheny West in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Allegheny West, PA
How long does it take to sell a home in Allegheny West, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 13 Days | -56.7% |
Summary: Homes in Allegheny West had an average of 13 days on market in Apr 2024, down by 56.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Allegheny West; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.