Is Churchill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Churchill was a Seller's Market.
Key Takeaway
Churchill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Churchill, PA
How much do homes in Churchill, PA cost?
Median Sold Price
$239,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Churchill have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Churchill was $239,000 in March 2024, down 4.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $139.5K | $190K | +36.2% |
| 3 Bedrooms | $220K | $236K | +7.3% |
| 4 Bedrooms | $312K | $330K | +5.8% |
| 5+ Bedrooms | $305K | $352.5K | +15.6% |
Summary: Churchill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
| Wilkinsburg | $125K | $135K | +8.0% |
| Forest Hills | $215K | $223.8K | +4.1% |
| Penn Hills Township | $161.2K | $165K | +2.4% |
| Wilkins Township | $178.4K | $178.7K | 0.2% |
| Churchill | $249.5K | $239K | -4.2% |
Housing Supply in Churchill, PA
How many homes are available in Churchill, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Churchill real estate market had 13 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Churchill housing inventory by bedroom type for March 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Churchill, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Churchill in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Churchill, PA
How long does it take to sell a home in Churchill, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 23 Days | -59.1% |
Summary: Homes in Churchill had an average of 23 days on market in Mar 2024, down by 59.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Churchill are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Churchill; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
