Is Delmont, 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, Delmont has remained a Seller's Market.
Key Takeaway
Delmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delmont, PA
How much do homes in Delmont, PA cost?
Median Sold Price
$228,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Delmont have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Delmont was $228,500 in April 2024, up 0.9% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $185.9K | $213K | +14.5% |
| 3 Bedrooms | $235K | $212K | -9.8% |
| 4 Bedrooms | $360K | $395K | +9.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Delmont 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 14.5%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Murrysville | $350K | $372.5K | +6.4% |
| Delmont | $226.5K | $228.5K | +0.9% |
Housing Supply in Delmont, PA
How many homes are available in Delmont, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 23 | +53.3% |
Summary: The Delmont real estate market had 23 homes for sale in April 2024, a 53.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Delmont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delmont, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Delmont in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Delmont, PA
How long does it take to sell a home in Delmont, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 18 Days | -56.1% |
Summary: Homes in Delmont had an average of 18 days on market in Apr 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Delmont are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Delmont; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
