Is Monroeville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Monroeville has remained a Seller's Market.
Key Takeaway
Monroeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Monroeville, PA
How much do homes in Monroeville, PA cost?
Median Sold Price
$225,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Monroeville have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Monroeville was $225,000 in April 2024, up 4.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114.9K | $77.7K | -32.3% |
| 2 Bedrooms | $162K | $169.9K | +4.9% |
| 3 Bedrooms | $211K | $215K | +1.9% |
| 4 Bedrooms | $289.9K | $280K | -3.4% |
| 5+ Bedrooms | $324.9K | $330.5K | +1.7% |
Summary: Monroeville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.3%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Turtle Creek | $78.9K | $104K | +31.6% |
| Pitcairn | $71.2K | $89.9K | +26.2% |
| Wilkins Township | $176K | $194.5K | +10.6% |
| Monroeville | $215K | $225K | +4.7% |
Housing Supply in Monroeville, PA
How many homes are available in Monroeville, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 91 | 95 | +4.4% |
Summary: The Monroeville real estate market had 95 homes for sale in April 2024, a 4.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 38 | 50 | +31.6% |
| 4 Bedrooms | 27 | 19 | -29.6% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Monroeville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.6%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroeville, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Monroeville in April 2024, down by 16.0% month-over-month. Of the 21 sold homes, 48% were sold under asking, 5% were sold at asking, and 48% were sold over asking.
Days on Market for Monroeville, PA
How long does it take to sell a home in Monroeville, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 69 Days | +65.7% |
Summary: Homes in Monroeville had an average of 69 days on market in Apr 2024, up by 65.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Monroeville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 21 homes were sold in Monroeville; 48% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
