Is Murrysville, 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, Murrysville has remained a Seller's Market.
Housing Prices in Murrysville, PA
How much do homes in Murrysville, PA cost?
Median Sold Price
$372,500
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Murrysville was $372,500 in April 2024, up 6.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | - | N/A |
2 Bedrooms | $250K | $230K | -8.0% |
3 Bedrooms | $269.9K | $260K | -3.7% |
4 Bedrooms | $430K | $425K | -1.2% |
5+ Bedrooms | $517.5K | $618K | +19.4% |
Summary: Murrysville 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 decreased by 8%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Cities
Export | $250K | $355K | +42.0% |
Washington Township | $205K | $219.9K | +7.3% |
Murrysville | $350K | $372.5K | +6.4% |
Delmont | $226.5K | $228.5K | +0.9% |
Penn Township | $288.5K | $289K | 0.2% |
Housing Supply in Murrysville, PA
How many homes are available in Murrysville, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 80 | +42.9% |
Summary: The Murrysville real estate market had 80 homes for sale in April 2024, a 42.9% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 19 | 29 | +52.6% |
4 Bedrooms | 28 | 37 | +32.1% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Murrysville 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 100%, 3 bedroom homes increased by 52.6%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 16 | +128.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Murrysville in April 2024, up by 128.6% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.
Days on Market for Murrysville, PA
How long does it take to sell a home in Murrysville, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 33 Days | -4.3% |
Summary: Homes in Murrysville had an average of 33 days on market in Apr 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Murrysville; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.