Is Allison Park, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Allison Park was a Seller's Market.
Housing Prices in Allison Park, PA
How much do homes in Allison Park, PA cost?
Median Sold Price
$335,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Allison Park was $335,000 in February 2024, up 3.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $282.4K | +28.4% |
3 Bedrooms | $286K | $297.4K | +4.0% |
4 Bedrooms | $445K | $420.8K | -5.4% |
5+ Bedrooms | $640K | $544K | -15.0% |
Summary: Allison Park housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.4%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Cities
Hampton Township | $352K | $370K | +5.1% |
McCandless Township | $343.4K | $359K | +4.5% |
Gibsonia | $405K | $418.1K | +3.2% |
Allison Park | $324.9K | $335K | +3.1% |
Glenshaw | $273.5K | $268K | -2.0% |
Housing Supply in Allison Park, PA
How many homes are available in Allison Park, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
52 | 56 | +7.7% |
Summary: The Allison Park real estate market had 56 homes for sale in February 2024, a 7.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 25 | 26 | +4.0% |
4 Bedrooms | 15 | 20 | +33.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Allison Park housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 8 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Allison Park in February 2024, down by 42.9% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Allison Park, PA
How long does it take to sell a home in Allison Park, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 37 Days | -35.6% |
Summary: Homes in Allison Park had an average of 37 days on market in Feb 2024, down by 35.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in Allison Park; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.