Is Zelienople, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zelienople is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Zelienople has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Zelienople, PA

How much do homes in Zelienople, PA cost?

Median Sold Price

$487,950

$161/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$178,450(+57.7%)

Key Takeaway

Homes in Zelienople have sold for 57.7% more than they did a month ago.

Summary: The median home sold price in Zelienople was $487,950 in March 2024, up 57.7% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $205K-
N/A
3 --
N/A
4 $414K$487.9K
+17.9%
5+ --
N/A

Summary: Zelienople housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Zelienople
+57.7%
Harmony
+55.1%

Housing Supply in Zelienople, PA

How many homes are available in Zelienople, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
78+14.3%

Summary: The Zelienople real estate market had 8 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Zelienople 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 remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zelienople, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Zelienople in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Zelienople, PA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
47 Days38 Days-18.1%

Summary: Homes in Zelienople had an average of 38 days on market in Mar 2024, down by 18.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Zelienople; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Zelienople, PA

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