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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stowe Township is a seller's market

Buyer's
Market

Difference Since May 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

$118,500

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$18,500(+18.5%)

Key Takeaway

Homes in Stowe Township have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in Stowe Township was $118,500 in May 2024, up 18.5% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$54.9K
N/A
2 $69.7K$75K
+7.5%
3 $101K$130K
+28.7%
4 $125K$115K
-8.0%
5+ $112.4K$76.5K
-32.0%

Summary: Stowe Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 28.7%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 32%.

Median Sold Price Compared To Nearby Cities

Mc Kees Rocks
+19.4%
Stowe Township
+18.5%
Bellevue
+9.5%
Avalon
+8.6%
McKees Rocks
+3.1%

Housing Supply in Stowe Township, PA

How many homes are available in Stowe Township, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2226+18.2%

Summary: The Stowe Township real estate market had 26 homes for sale in May 2024, a 18.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1216
+33.3%
4 23
+50.0%
5+ 10
-100.0%

Summary: The Stowe Township housing inventory by bedroom type for May 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 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stowe Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Stowe Township in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% 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

May 2023May 2024CHANGE
46 Days58 Days+27.0%

Summary: Homes in Stowe Township had an average of 58 days on market in May 2024, up by 27% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 5 homes were sold in Stowe Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 16 Days Ago

Newest Listings in Stowe Township, PA

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