Is Cheswick, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Cheswick has remained a Seller's Market.
Housing Prices in Cheswick, PA
How much do homes in Cheswick, PA cost?
Median Sold Price
$229,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Cheswick was $229,500 in June 2024, up 9.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $169.9K | +13.3% |
3 Bedrooms | $210K | $230K | +9.5% |
4 Bedrooms | $350K | $304.5K | -13.0% |
5+ Bedrooms | $560.5K | $492.4K | -12.1% |
Summary: Cheswick housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Cities
Harmar Township | $220K | $255K | +15.9% |
Cheswick | $210K | $229.5K | +9.3% |
Springdale Township | $150K | $150K | 0.0% |
Springdale | $151.5K | $150K | -1.0% |
Housing Supply in Cheswick, PA
How many homes are available in Cheswick, PA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
17 | 23 | +35.3% |
Summary: The Cheswick real estate market had 23 homes for sale in June 2024, a 35.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 6 | 12 | +100.0% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Cheswick housing inventory by bedroom type for June 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 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Cheswick in June 2024, up by 25.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 80% were sold at asking, and 20% were sold over asking.
Days on Market for Cheswick, PA
How long does it take to sell a home in Cheswick, PA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
29 Days | 17 Days | -40.0% |
Summary: Homes in Cheswick had an average of 17 days on market in Jun 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 5 homes were sold in Cheswick; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.