Is Sharon, 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, Sharon was a Seller's Market.
Key Takeaway
Sharon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sharon, PA
How much do homes in Sharon, PA cost?
Median Sold Price
$72,500
$56/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sharon have sold for 20.8% more than they did a year ago.
Summary: The median home sold price in Sharon was $72,500 in March 2024, up 20.8% from last year, and the median price per square foot was $56.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $21K | - | N/A |
| 2 Bedrooms | $60K | $67.5K | +12.5% |
| 3 Bedrooms | $54K | $73K | +35.2% |
| 4 Bedrooms | $70K | $70K | 0.0% |
| 5+ Bedrooms | $88.5K | $217K | +145.2% |
Summary: Sharon 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 12.5%, 3 bedroom homes increased by 35.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 145.2%.
Median Sold Price Compared To Nearby Cities
| Sharon | $60K | $72.5K | +20.8% |
| Hermitage | $179.9K | $190K | +5.6% |
| Farrell | $69.5K | $70K | +0.7% |
| Masury | $87K | $83.5K | -4.0% |
| Brookfield Township | $128K | $100.5K | -21.5% |
Housing Supply in Sharon, PA
How many homes are available in Sharon, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 | 57 | -1.7% |
Summary: The Sharon real estate market had 57 homes for sale in March 2024, a 1.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 36 | 33 | -8.3% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sharon 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 increased by 6.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sharon, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sharon in March 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Sharon, PA
How long does it take to sell a home in Sharon, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 88 Days | 49 Days | -44.6% |
Summary: Homes in Sharon had an average of 49 days on market in Mar 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sharon are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Sharon; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.