Is Neshannock Township, 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, Neshannock Township has remained a Seller's Market.
Housing Prices in Neshannock Township, PA
How much do homes in Neshannock Township, PA cost?
Median Sold Price
$231,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Neshannock Township was $231,000 in March 2024, up 5% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $154K | +14.1% |
2 Bedrooms | $167K | $166.4K | -0.3% |
3 Bedrooms | $216K | $223.7K | +3.6% |
4 Bedrooms | $273K | $291.7K | +6.8% |
5+ Bedrooms | $254.5K | $330K | +29.7% |
Summary: Neshannock Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 29.7%.
Median Sold Price Compared To Nearby Cities
New Castle | $76.5K | $125K | +63.3% |
Wilmington Township | $242.8K | $359K | +47.8% |
Hickory Township | $219K | $259.5K | +18.5% |
Union Township | $123.5K | $139.9K | +13.3% |
Neshannock Township | $220K | $231K | +5.0% |
Housing Supply in Neshannock Township, PA
How many homes are available in Neshannock Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 50 | -10.7% |
Summary: The Neshannock Township real estate market had 50 homes for sale in March 2024, a 10.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 31 | 28 | -9.7% |
4 Bedrooms | 13 | 11 | -15.4% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Neshannock Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Neshannock Township in March 2024, up by 9.1% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Neshannock Township, PA
How long does it take to sell a home in Neshannock Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
83 Days | 65 Days | -21.0% |
Summary: Homes in Neshannock Township had an average of 65 days on market in Mar 2024, down by 21% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Neshannock Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.