Is McCandless Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McCandless Township is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, McCandless Township has remained a Seller's Market.

Key Takeaway

McCandless Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in McCandless Township, PA

How much do homes in McCandless Township, PA cost?

Median Sold Price

$361,250

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$10,916(+3.1%)

Key Takeaway

Homes in McCandless Township have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in McCandless Township was $361,250 in August 2024, up 3.1% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $124.2K$135K
+8.7%
2 $215K$228.4K
+6.3%
3 $315K$335K
+6.3%
4 $439K$459.5K
+4.7%
5+ $500K$522.4K
+4.5%

Summary: McCandless Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

Wexford
+11.1%
Hampton Township
+6.3%
Allison Park
+6.1%
Ross Township
+3.4%
McCandless Township
+3.1%

Housing Supply in McCandless Township, PA

How many homes are available in McCandless Township, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
9180-12.1%

Summary: The McCandless Township real estate market had 80 homes for sale in August 2024, a 12.1% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 01
+100.0%
2 1412
-14.3%
3 4136
-12.2%
4 3228
-12.5%
5+ 43
-25.0%

Summary: The McCandless Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
3721-43.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McCandless Township, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in McCandless Township in August 2024, down by 43.2% month-over-month. Of the 21 sold homes, 33% were sold under asking, 14% were sold at asking, and 52% were sold over asking.

Days on Market for McCandless Township, PA

How long does it take to sell a home in McCandless Township, PA?

Average Sale Time

Aug 2023Aug 2024CHANGE
17 Days12 Days-27.0%

Summary: Homes in McCandless Township had an average of 12 days on market in Aug 2024, down by 27% compared to last year.

Breakdown of Home Sale Times

19 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

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

Summary: During August 2024, 21 homes were sold in McCandless Township; 90% of homes were sold within 30 days, 10% 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 13 Days Ago

Newest Listings in McCandless Township, PA

Nearby Markets to McCandless Township, PA

What housing markets are near McCandless Township, PA?