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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glassport is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Glassport has remained a Buyer's Market.

Key Takeaway

Glassport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Glassport, PA

How much do homes in Glassport, PA cost?

Median Sold Price

$88,000

$84/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$29,892(-25.4%)

Key Takeaway

Homes in Glassport have sold for 25.4% less than they did a month ago.

Summary: The median home sold price in Glassport was $88,000 in April 2024, down 25.4% from last month, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $107.9K$146.1K
+35.4%
3 $123.9K$72.7K
-41.3%
4 --
N/A
5+ --
N/A

Summary: Glassport housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.4%, 3 bedroom homes decreased by 41.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Glassport, PA

How many homes are available in Glassport, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2426+8.3%

Summary: The Glassport real estate market had 26 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 45
+25.0%
3 1413
-7.1%
4 35
+66.7%
5+ 00
0.0%

Summary: The Glassport 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 increased by 25%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glassport, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Glassport in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Glassport, PA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
85 Days10 Days-87.5%

Summary: Homes in Glassport had an average of 10 days on market in Apr 2024, down by 87.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Glassport; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

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