Is O'Hara Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, O'Hara Township was a Seller's Market.
Key Takeaway
O'Hara Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in O'Hara Township, PA
How much do homes in O'Hara Township, PA cost?
Median Sold Price
$385,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in O'Hara Township have sold for 8.9% less than they did a year ago.
Summary: The median home sold price in O'Hara Township was $385,000 in March 2024, down 8.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $291K | N/A |
| 2 Bedrooms | $250K | $260K | +4.0% |
| 3 Bedrooms | $314K | $306.2K | -2.5% |
| 4 Bedrooms | $471.7K | $586.5K | +24.3% |
| 5+ Bedrooms | $620K | $700K | +12.9% |
Summary: O'Hara Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
| Fox Chapel | $845K | $1.0M | +18.3% |
| Aspinwall | $369.9K | $365K | -1.3% |
| O'Hara Township | $422.5K | $385K | -8.9% |
Housing Supply in O'Hara Township, PA
How many homes are available in O'Hara Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 38 | +5.6% |
Summary: The O'Hara Township real estate market had 38 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The O'Hara 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 decreased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in O'Hara Township, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in O'Hara Township in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for O'Hara Township, PA
How long does it take to sell a home in O'Hara Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 36 Days | +25.5% |
Summary: Homes in O'Hara Township had an average of 36 days on market in Mar 2024, up by 25.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in O'Hara Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in O'Hara Township; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
