Is Shenango Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Shenango Township has remained a Seller's Market.
Housing Prices in Shenango Township, PA
How much do homes in Shenango Township, PA cost?
Median Sold Price
$183,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Shenango Township was $183,000 in March 2024, down 3.9% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $39K | - | N/A |
2 Bedrooms | $165K | $140K | -15.2% |
3 Bedrooms | $180.2K | $198K | +9.9% |
4 Bedrooms | $320K | $263.5K | -17.7% |
5+ Bedrooms | - | $190K | N/A |
Summary: Shenango 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 decreased by 15.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
New Castle | $76.5K | $125K | +63.3% |
Hickory Township | $219K | $259.5K | +18.5% |
Shenango Township | $190.5K | $183K | -3.9% |
Housing Supply in Shenango Township, PA
How many homes are available in Shenango Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Summary: The Shenango Township real estate market had 10 homes for sale in March 2024, a 11.1% increase 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 | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shenango 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Shenango Township in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Shenango Township, PA
How long does it take to sell a home in Shenango Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
103 Days | 72 Days | -30.0% |
Summary: Homes in Shenango Township had an average of 72 days on market in Mar 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Shenango Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.