$830 Closing Credit*
$69,900
1,470 SqFt
4 Beds
•1 Full Bath
Ian Hoover, Listing Office: Deacon & Hoover Real Estate Advisors Llc
Is McDonald, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, McDonald has remained a Seller's Market.
Key Takeaway
McDonald is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McDonald, PA
How much do homes in McDonald, PA cost?
Median Sold Price
$190,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$33,000(-14.8%)
Key Takeaway
Homes in McDonald have sold for 14.8% less than they did a year ago.
Summary: The median home sold price in McDonald was $190,000 in September 2024, down 14.8% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | - | N/A |
| 2 Bedrooms | - | $99.5K | N/A |
| 3 Bedrooms | $212.5K | $208.3K | -2.0% |
| 4 Bedrooms | $270K | $242.5K | -10.2% |
| 5+ Bedrooms | - | $246K | N/A |
Summary: McDonald 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 did not change, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Fayette Township | $323.7K | $375.1K | +15.9% |
| North Fayette Township | $273.5K | $303.7K | +11.1% |
| Mc Donald | $374.9K | $405K | +8.0% |
| McDonald | $223K | $190K | -14.8% |
Housing Supply in McDonald, PA
How many homes are available in McDonald, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The McDonald real estate market had 7 homes for sale in September 2024, a 22.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The McDonald 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in McDonald, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in McDonald in September 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for McDonald, PA
How long does it take to sell a home in McDonald, PA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 63 Days | +224.8% |
Summary: Homes in McDonald had an average of 63 days on market in Sep 2024, up by 224.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in McDonald are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in McDonald; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
