Is Stowe 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, Stowe Township has remained a Seller's Market.
Key Takeaway
Stowe Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stowe Township, PA
How much do homes in Stowe Township, PA cost?
Median Sold Price
$103,500
$64/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stowe Township have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Stowe Township was $103,500 in March 2024, up 1.5% from last year, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $54.9K | N/A |
| 2 Bedrooms | $94K | $55.4K | -41.1% |
| 3 Bedrooms | $100.5K | $125K | +24.4% |
| 4 Bedrooms | $135K | $117K | -13.3% |
| 5+ Bedrooms | $112.4K | $76.5K | -32.0% |
Summary: Stowe 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 41.1%, 3 bedroom homes increased by 24.4%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Cities
| Mc Kees Rocks | $155K | $175K | +12.9% |
| Bellevue | $210K | $235K | +11.9% |
| Stowe Township | $102K | $103.5K | +1.5% |
| Avalon | $180K | $175.5K | -2.5% |
| McKees Rocks | $65K | $60.9K | -6.2% |
Housing Supply in Stowe Township, PA
How many homes are available in Stowe Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The Stowe Township real estate market had 23 homes for sale in March 2024, a 21.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 8 | 12 | +50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Stowe Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
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 Stowe Township, 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 Stowe Township in March 2024, up by 400.0% 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 Stowe Township, PA
How long does it take to sell a home in Stowe Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 36 Days | -48.3% |
Summary: Homes in Stowe Township had an average of 36 days on market in Mar 2024, down by 48.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Stowe Township has remained consistent over time.
Summary: During March 2024, 5 homes were sold in Stowe Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
