$445,000
1,744 SqFt
3 Beds
•2 Full Baths
Anthony Araujo, Listing Office: Coldwell Banker Realty
September 2024
Report Updated 30 Days Ago
Is Oakmont, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Oakmont was a Seller's Market.
How much do homes in Oakmont, PA cost?
$340,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Oakmont was $340,000 in September 2024, up 19.3% from last year, and the median price per square foot was $216.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121.4K | $192K | +58.0% |
2 Bedrooms | $180K | $201.7K | +12.1% |
3 Bedrooms | $260K | $340K | +30.8% |
4 Bedrooms | $578K | $770K | +33.2% |
5+ Bedrooms | $900K | $535K | -40.6% |
Summary: Oakmont housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 33.2%, and 5+ bedroom homes decreased by 40.6%.
Oakmont | $285K | $340K | +19.3% |
Plum | $239.9K | $253K | +5.4% |
Penn Hills Township | $165K | $170K | +3.0% |
Verona | $170K | $175K | +2.9% |
How many homes are available in Oakmont, PA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
43 | 42 | -2.3% |
Summary: The Oakmont real estate market had 42 homes for sale in September 2024, a 2.3% decrease compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 18 | 18 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Oakmont 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 remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Oakmont in September 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
How long does it take to sell a home in Oakmont, PA?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
51 Days | 26 Days | -47.6% |
Summary: Homes in Oakmont had an average of 26 days on market in Sep 2024, down by 47.6% compared to last year.
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 7 homes were sold in Oakmont; 71% of homes were sold within 30 days, 29% 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 30 Days Ago
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc. for the period 10/01/2022 - 10/01/2024
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
Copyright © 2024 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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