Is Charleroi, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Charleroi was a Seller's Market.
Key Takeaway
Charleroi is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Charleroi, PA
How much do homes in Charleroi, PA cost?
Median Sold Price
$82,500
$58/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Charleroi have sold for 24.3% less than they did a year ago.
Summary: The median home sold price in Charleroi was $82,500 in May 2024, down 24.3% from last year, and the median price per square foot was $58.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $31.4K | $168K | +435.0% |
| 2 Bedrooms | $80.9K | $56.7K | -29.9% |
| 3 Bedrooms | $119.9K | $100K | -16.6% |
| 4 Bedrooms | $185K | $79K | -57.3% |
| 5+ Bedrooms | $164K | $337K | +105.5% |
Summary: Charleroi housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 435%, 2 bedroom homes decreased by 29.9%, 3 bedroom homes decreased by 16.6%, 4 bedroom homes decreased by 57.3%, and 5+ bedroom homes increased by 105.5%.
Median Sold Price Compared To Nearby Cities
| Belle Vernon | $200K | $195K | -2.5% |
| Charleroi | $109K | $82.5K | -24.3% |
Housing Supply in Charleroi, PA
How many homes are available in Charleroi, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The Charleroi real estate market had 34 homes for sale in May 2024, a 2.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Charleroi 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 remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charleroi, 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 Charleroi in May 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Charleroi, PA
How long does it take to sell a home in Charleroi, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 87 Days | 91 Days | +4.9% |
Summary: Homes in Charleroi had an average of 91 days on market in May 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Charleroi are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Charleroi; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.