Is Indiana Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Indiana Township was a Neutral Market.
Housing Prices in Indiana Township, PA
How much do homes in Indiana Township, PA cost?
Median Sold Price
$205,650
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Indiana Township was $205,650 in February 2024, down 21% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $149.9K | $130.4K | -13.0% |
3 Bedrooms | $230K | $190.5K | -17.2% |
4 Bedrooms | $600K | $329K | -45.2% |
5+ Bedrooms | $960K | $306K | -68.1% |
Summary: Indiana Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 45.2%, and 5+ bedroom homes decreased by 68.1%.
Median Sold Price Compared To Nearby Cities
Fox Chapel | $832.5K | $965K | +15.9% |
O'Hara Township | $428.7K | $385K | -10.2% |
Indiana Township | $260.2K | $205.6K | -21.0% |
Housing Supply in Indiana Township, PA
How many homes are available in Indiana Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
78 | 77 | -1.3% |
Summary: The Indiana Township real estate market had 77 homes for sale in February 2024, a 1.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 39 | 38 | -2.6% |
4 Bedrooms | 18 | 18 | 0.0% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Indiana Township 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 11.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Indiana Township in February 2024, up by 60.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Indiana Township, PA
How long does it take to sell a home in Indiana Township, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
75 Days | 87 Days | +16.7% |
Summary: Homes in Indiana Township had an average of 87 days on market in Feb 2024, up by 16.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 16 homes were sold in Indiana Township; 13% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.