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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shaler Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Shaler Township, PA

How much do homes in Shaler Township, PA cost?

Median Sold Price

$274,950

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$14,950(+5.8%)

Key Takeaway

Homes in Shaler Township have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Shaler Township was $274,950 in September 2024, up 5.8% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $135.2K$79K
-41.6%
2 $174K$205K
+17.8%
3 $260K$274.9K
+5.8%
4 $320K$330K
+3.1%
5+ $319.9K$452K
+41.3%

Summary: Shaler Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.6%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 41.3%.

Median Sold Price Compared To Nearby Cities

Glenshaw
+9.4%
Shaler Township
+5.8%
Etna
+1.9%

Housing Supply in Shaler Township, PA

How many homes are available in Shaler Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8592+8.2%

Summary: The Shaler Township real estate market had 92 homes for sale in September 2024, a 8.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 811
+37.5%
3 5557
+3.6%
4 1918
-5.3%
5+ 24
+100.0%

Summary: The Shaler Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2921-27.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shaler Township, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Shaler Township in September 2024, down by 27.6% month-over-month. Of the 21 sold homes, 62% were sold under asking, 5% were sold at asking, and 33% were sold over asking.

Days on Market for Shaler Township, PA

How long does it take to sell a home in Shaler Township, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
20 Days17 Days-14.0%

Summary: Homes in Shaler Township had an average of 17 days on market in Sep 2024, down by 14% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shaler Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 21 homes were sold in Shaler Township; 81% of homes were sold within 30 days, 19% 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 Sep 1, 2024

Newest Listings in Shaler Township, PA

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