Is Edgeworth, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Edgeworth was a Seller's Market.
Key Takeaway
Edgeworth 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 Edgeworth, PA
How much do homes in Edgeworth, PA cost?
Median Sold Price
$737,500
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Edgeworth have sold for 38.5% less than they did a year ago.
Summary: The median home sold price in Edgeworth was $737,500 in June 2024, down 38.5% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $381K | $276K | -27.6% |
| 3 Bedrooms | $800K | $600K | -25.0% |
| 4 Bedrooms | $1.0M | $832.5K | -16.8% |
| 5+ Bedrooms | $1.3M | $1.4M | +10.2% |
Summary: Edgeworth housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Sewickley | $451.2K | $485K | +7.5% |
| Leet Township | $350K | $311.7K | -10.9% |
| Edgeworth | $1.2M | $737.5K | -38.5% |
Housing Supply in Edgeworth, PA
How many homes are available in Edgeworth, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Edgeworth real estate market had 13 homes for sale in June 2024, a 7.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Edgeworth housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 Edgeworth, 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 Edgeworth in June 2024, down by 50.0% 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 Edgeworth, PA
How long does it take to sell a home in Edgeworth, PA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 93 Days | 38 Days | -58.9% |
Summary: Homes in Edgeworth had an average of 38 days on market in Jun 2024, down by 58.9% 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 Edgeworth are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 2 homes were sold in Edgeworth; 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.
