Is Coraopolis, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Coraopolis has remained a Seller's Market.
Housing Prices in Coraopolis, PA
How much do homes in Coraopolis, PA cost?
Median Sold Price
$288,475
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Coraopolis was $288,475 in February 2024, up 62.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.2K | $88.5K | +5.0% |
2 Bedrooms | $140K | $150.5K | +7.5% |
3 Bedrooms | $185K | $278.3K | +50.5% |
4 Bedrooms | $227K | $410K | +80.6% |
5+ Bedrooms | $192K | $380K | +97.9% |
Summary: Coraopolis housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 50.5%, 4 bedroom homes increased by 80.6%, and 5+ bedroom homes increased by 97.9%.
Median Sold Price Compared To Nearby Cities
Coraopolis | $177.5K | $288.4K | +62.5% |
Moon Township | $295K | $309.9K | +5.1% |
Housing Supply in Coraopolis, PA
How many homes are available in Coraopolis, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
87 | 98 | +12.6% |
Summary: The Coraopolis real estate market had 98 homes for sale in February 2024, a 12.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 9 | 15 | +66.7% |
3 Bedrooms | 53 | 55 | +3.8% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Coraopolis housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Coraopolis in February 2024, up by 4.3% month-over-month. Of the 24 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Coraopolis, PA
How long does it take to sell a home in Coraopolis, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 54 Days | -4.5% |
Summary: Homes in Coraopolis had an average of 54 days on market in Feb 2024, down by 4.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 24 homes were sold in Coraopolis; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.