Is Pittsburgh, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Pittsburgh was a Neutral Market.
Key Takeaway
Pittsburgh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pittsburgh, GA
How much do homes in Pittsburgh, GA cost?
Median Sold Price
$325,580
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pittsburgh have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in Pittsburgh was $325,580 in April 2024, up 19.3% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $187.4K | N/A |
| 2 Bedrooms | $240K | $250K | +4.2% |
| 3 Bedrooms | $299K | $331.7K | +11.0% |
| 4 Bedrooms | $514.9K | $347K | -32.6% |
| 5+ Bedrooms | $220K | $585K | +165.9% |
Summary: Pittsburgh housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 32.6%, and 5+ bedroom homes increased by 165.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Mechanicsville | $208K | $286.9K | +38.0% |
| Pittsburgh | $273K | $325.5K | +19.3% |
| Peoplestown | $455K | $500K | +9.9% |
Housing Supply in Pittsburgh, GA
How many homes are available in Pittsburgh, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 74 | 78 | +5.4% |
Summary: The Pittsburgh real estate market had 78 homes for sale in April 2024, a 5.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 40 | 44 | +10.0% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Pittsburgh housing inventory by bedroom type for April 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 10%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsburgh, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Pittsburgh in April 2024, down by 11.1% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Pittsburgh, GA
How long does it take to sell a home in Pittsburgh, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 94 Days | +132.7% |
Summary: Homes in Pittsburgh had an average of 94 days on market in Apr 2024, up by 132.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Pittsburgh are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 8 homes were sold in Pittsburgh; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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