Is East McKeesport, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East McKeesport is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, East McKeesport has remained a Neutral Market.

Key Takeaway

East McKeesport 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 East McKeesport, PA

How much do homes in East McKeesport, PA cost?

Median Sold Price

$47,375

$36/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$26,075(-35.5%)

Key Takeaway

Homes in East McKeesport have sold for 35.5% less than they did a month ago.

Summary: The median home sold price in East McKeesport was $47,375 in February 2024, down 35.5% from last month, and the median price per square foot was $36.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 -$47.3K
N/A
3 $73.4K-
N/A
4 --
N/A
5+ --
N/A

Summary: East McKeesport housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East McKeesport
-35.5%
East Mc Keesport
-35.5%

Housing Supply in East McKeesport, PA

How many homes are available in East McKeesport, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1314+7.7%

Summary: The East McKeesport real estate market had 14 homes for sale in February 2024, a 7.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 33
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The East McKeesport housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East McKeesport, 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 East McKeesport in February 2024, the same as the previous 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 East McKeesport, PA

How long does it take to sell a home in East McKeesport, PA?

Average Sale Time

Jan 2024Feb 2024CHANGE
25 Days77 Days+208.0%

Summary: Homes in East McKeesport had an average of 77 days on market in Feb 2024, up by 208% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East McKeesport has remained consistent over time.

Summary: During February 2024, 2 homes were sold in East McKeesport; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in East McKeesport, PA

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What housing markets are near East McKeesport, PA?