Is Connellsville Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Connellsville Township has remained a Seller's Market.
Key Takeaway
Connellsville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Connellsville Township, PA
How much do homes in Connellsville Township, PA cost?
Median Sold Price
$143,500
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Connellsville Township have sold for 10.3% less than they did a year ago.
Summary: The median home sold price in Connellsville Township was $143,500 in April 2024, down 10.3% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $91.7K | N/A |
| 2 Bedrooms | $105K | $117K | +11.4% |
| 3 Bedrooms | $160K | $149.9K | -6.3% |
| 4 Bedrooms | $194.9K | $175K | -10.2% |
| 5+ Bedrooms | $178.4K | $264.7K | +48.4% |
Summary: Connellsville Township 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 increased by 11.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 48.4%.
Median Sold Price Compared To Nearby Cities
| Connellsville | $145K | $143.5K | -1.0% |
| Connellsville Township | $160K | $143.5K | -10.3% |
Housing Supply in Connellsville Township, PA
How many homes are available in Connellsville Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 53 | +10.4% |
Summary: The Connellsville Township real estate market had 53 homes for sale in April 2024, a 10.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Connellsville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Connellsville Township, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Connellsville Township in April 2024, up by 100.0% month-over-month. Of the 14 sold homes, 79% were sold under asking, 21% were sold at asking, and 0% were sold over asking.
Days on Market for Connellsville Township, PA
How long does it take to sell a home in Connellsville Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 97 Days | 49 Days | -49.0% |
Summary: Homes in Connellsville Township had an average of 49 days on market in Apr 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Connellsville Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Connellsville Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
