Is Scott Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Scott Township has remained a Seller's Market.
Housing Prices in Scott Township, PA
How much do homes in Scott Township, PA cost?
Median Sold Price
$236,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scott Township was $236,000 in April 2024, up 12.8% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.4K | $94.2K | -16.2% |
2 Bedrooms | $160K | $164K | +2.5% |
3 Bedrooms | $240K | $260K | +8.3% |
4 Bedrooms | $300K | $305K | +1.7% |
5+ Bedrooms | $345.5K | $370K | +7.1% |
Summary: Scott Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
Scott Township | $209.2K | $236K | +12.8% |
Mount Lebanon Township | $365K | $389.9K | +6.8% |
Carnegie | $201.6K | $205K | +1.7% |
Housing Supply in Scott Township, PA
How many homes are available in Scott Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 57 | +3.6% |
Summary: The Scott Township real estate market had 57 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 18 | 15 | -16.7% |
3 Bedrooms | 26 | 31 | +19.2% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Scott Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 17 | +30.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Scott Township in April 2024, up by 30.8% month-over-month. Of the 17 sold homes, 59% were sold under asking, 12% were sold at asking, and 29% were sold over asking.
Days on Market for Scott Township, PA
How long does it take to sell a home in Scott Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 51 Days | +37.5% |
Summary: Homes in Scott Township had an average of 51 days on market in Apr 2024, up by 37.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Scott Township; 59% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.