Is Mc Kees Rocks, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mc Kees Rocks has remained a Seller's Market.
Key Takeaway
Mc Kees Rocks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Kees Rocks, PA
How much do homes in Mc Kees Rocks, PA cost?
Median Sold Price
$175,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mc Kees Rocks have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Mc Kees Rocks was $175,000 in March 2024, up 12.9% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $89.9K | N/A |
| 2 Bedrooms | $85K | $55.4K | -34.8% |
| 3 Bedrooms | $194K | $191K | -1.5% |
| 4 Bedrooms | $237.5K | $387.5K | +63.2% |
| 5+ Bedrooms | $217K | $130K | -40.1% |
Summary: Mc Kees Rocks housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 63.2%, and 5+ bedroom homes decreased by 40.1%.
Median Sold Price Compared To Nearby Cities
| Robinson Township | $255K | $295K | +15.7% |
| Mc Kees Rocks | $155K | $175K | +12.9% |
| Stowe Township | $102K | $103.5K | +1.5% |
| Kennedy Township | $265K | $256K | -3.4% |
| McKees Rocks | $65K | $60.9K | -6.2% |
Housing Supply in Mc Kees Rocks, PA
How many homes are available in Mc Kees Rocks, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 60 | 66 | +10.0% |
Summary: The Mc Kees Rocks real estate market had 66 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 29 | 37 | +27.6% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mc Kees Rocks housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 27.6%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Kees Rocks, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Mc Kees Rocks in March 2024, up by 20.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for Mc Kees Rocks, PA
How long does it take to sell a home in Mc Kees Rocks, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 61 Days | +44.4% |
Summary: Homes in Mc Kees Rocks had an average of 61 days on market in Mar 2024, up by 44.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mc Kees Rocks has remained consistent over time.
Summary: During March 2024, 12 homes were sold in Mc Kees Rocks; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
