Is Scott Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scott Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Scott Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Scott Township, PA

How much do homes in Scott Township, PA cost?

Median Sold Price

$240,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,000(-4.0%)

Key Takeaway

Homes in Scott Township have sold for 4% less than they did a year ago.

Summary: The median home sold price in Scott Township was $240,000 in March 2024, down 4% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $82.5K$98.7K
+19.7%
3 $220K$240K
+9.1%
4 $345K$454K
+31.6%
5+ $380K$715K
+88.2%

Summary: Scott 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 19.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 88.2%.

Median Sold Price Compared To Nearby Cities

Mount Pleasant Township
+3.8%
Scott Township
-4.0%

Housing Supply in Scott Township, PA

How many homes are available in Scott Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1216+33.3%

Summary: The Scott Township real estate market had 16 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 57
+40.0%
4 24
+100.0%
5+ 01
+100.0%

Summary: The Scott 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 20%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scott Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Scott Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Scott Township, PA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Scott Township, PA

Nearby Markets to Scott Township, PA