Is Carnegie, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Carnegie has remained a Seller's Market.
Key Takeaway
Carnegie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carnegie, PA
How much do homes in Carnegie, PA cost?
Median Sold Price
$207,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Carnegie have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Carnegie was $207,000 in March 2024, up 1.7% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $45K | -33.8% |
| 2 Bedrooms | $162.9K | $142.5K | -12.6% |
| 3 Bedrooms | $235K | $240K | +2.1% |
| 4 Bedrooms | $240K | $235.4K | -1.9% |
| 5+ Bedrooms | - | $259.5K | N/A |
Summary: Carnegie housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.8%, 2 bedroom homes decreased by 12.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Robinson Township | $255K | $295K | +15.7% |
| Scott Township | $215K | $238.6K | +11.0% |
| Carnegie | $203.5K | $207K | +1.7% |
Housing Supply in Carnegie, PA
How many homes are available in Carnegie, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 43 | +10.3% |
Summary: The Carnegie real estate market had 43 homes for sale in March 2024, a 10.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Carnegie housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carnegie, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Carnegie in March 2024, down by 20.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Carnegie, PA
How long does it take to sell a home in Carnegie, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 25 Days | -16.4% |
Summary: Homes in Carnegie had an average of 25 days on market in Mar 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carnegie are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Carnegie; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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.