Is Edgeworth, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edgeworth is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Edgeworth was a Seller's Market.

Key Takeaway

Edgeworth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Edgeworth, PA

How much do homes in Edgeworth, PA cost?

Median Sold Price

$820,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$76,000(-8.5%)

Key Takeaway

Homes in Edgeworth have sold for 8.5% less than they did a year ago.

Summary: The median home sold price in Edgeworth was $820,000 in September 2024, down 8.5% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $381K$276K
-27.6%
3 $775K$600K
-22.6%
4 $904K$926K
+2.4%
5+ $1.6M$1.5M
-6.5%

Summary: Edgeworth housing prices by bedroom type for September 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 22.6%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Cities

Sewickley
+12.0%
Edgeworth
-8.5%

Housing Supply in Edgeworth, PA

How many homes are available in Edgeworth, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
610+66.7%

Summary: The Edgeworth real estate market had 10 homes for sale in September 2024, a 66.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 02
+100.0%
5+ 46
+50.0%

Summary: The Edgeworth housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edgeworth, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Edgeworth in September 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Sep 2023Sep 2024CHANGE
120 Days27 Days-77.5%

Summary: Homes in Edgeworth had an average of 27 days on market in Sep 2024, down by 77.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Edgeworth are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 1 homes were sold in Edgeworth; 100% of homes were sold within 30 days, 0% 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 30 Days Ago

Newest Listings in Edgeworth, PA

Nearby Markets to Edgeworth, PA

What housing markets are near Edgeworth, PA?