Is McKees Rocks, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McKees Rocks is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, McKees Rocks has remained a Seller's Market.

Key Takeaway

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

Housing Prices in McKees Rocks, PA

How much do homes in McKees Rocks, PA cost?

Median Sold Price

$67,000

$53/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,000(+3.1%)

Key Takeaway

Homes in McKees Rocks have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in McKees Rocks was $67,000 in May 2024, up 3.1% from last year, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $50K$55.2K
+10.5%
3 $85K$75.2K
-11.5%
4 $68K$134.5K
+97.8%
5+ $57.5K$67K
+16.5%

Summary: McKees Rocks housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 97.8%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Cities

Mc Kees Rocks
+19.4%
Stowe Township
+18.5%
Pittsburgh
+4.7%
McKees Rocks
+3.1%
Kennedy Township
-0.9%

Housing Supply in McKees Rocks, PA

How many homes are available in McKees Rocks, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2223+4.5%

Summary: The McKees Rocks real estate market had 23 homes for sale in May 2024, a 4.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 63
-50.0%
3 1217
+41.7%
4 21
-50.0%
5+ 11
0.0%

Summary: The McKees Rocks housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 41.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McKees Rocks, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in McKees Rocks in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for McKees Rocks, PA

How long does it take to sell a home in McKees Rocks, PA?

Average Sale Time

May 2023May 2024CHANGE
88 Days16 Days-82.0%

Summary: Homes in McKees Rocks had an average of 16 days on market in May 2024, down by 82% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in McKees Rocks; 83% of homes were sold within 30 days, 17% 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 19 Days Ago

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