Is New Sewickley Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, New Sewickley Township has remained a Seller's Market.
Key Takeaway
New Sewickley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Sewickley Township, PA
How much do homes in New Sewickley Township, PA cost?
Median Sold Price
$320,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in New Sewickley Township have sold for 23.1% more than they did a year ago.
Summary: The median home sold price in New Sewickley Township was $320,000 in May 2024, up 23.1% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $236.2K | $309K | +30.8% |
| 3 Bedrooms | $237.5K | $326.5K | +37.5% |
| 4 Bedrooms | $595K | $295K | -50.4% |
| 5+ Bedrooms | $328.5K | - | N/A |
Summary: New Sewickley Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 50.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Freedom | $217.5K | $274K | +26.0% |
| New Sewickley Township | $260K | $320K | +23.1% |
| Rochester Township | $138.5K | $135.5K | -2.2% |
Housing Supply in New Sewickley Township, PA
How many homes are available in New Sewickley Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The New Sewickley Township real estate market had 8 homes for sale in May 2024, a 27.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Sewickley Township 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 decreased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Sewickley Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in New Sewickley Township in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for New Sewickley Township, PA
How long does it take to sell a home in New Sewickley Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 31 Days | -1.3% |
Summary: Homes in New Sewickley Township had an average of 31 days on market in May 2024, down by 1.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Sewickley Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in New Sewickley Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
