Is Plum, 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, Plum has remained a Seller's Market.
Housing Prices in Plum, PA
How much do homes in Plum, PA cost?
Median Sold Price
$245,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Plum was $245,000 in April 2024, up 6.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $89K | +18.7% |
2 Bedrooms | $127.5K | $145.5K | +14.1% |
3 Bedrooms | $218.5K | $236.2K | +8.1% |
4 Bedrooms | $275K | $390K | +41.8% |
5+ Bedrooms | $418.9K | $342.5K | -18.2% |
Summary: Plum housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.7%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 41.8%, and 5+ bedroom homes decreased by 18.2%.
Median Sold Price Compared To Nearby Cities
Cheswick | $180.9K | $221K | +22.2% |
Plum | $230K | $245K | +6.5% |
Penn Hills Township | $163.9K | $165K | +0.7% |
Springdale | $150.2K | $145K | -3.5% |
Housing Supply in Plum, PA
How many homes are available in Plum, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 80 | +23.1% |
Summary: The Plum real estate market had 80 homes for sale in April 2024, a 23.1% 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 | 9 | 12 | +33.3% |
3 Bedrooms | 36 | 43 | +19.4% |
4 Bedrooms | 16 | 21 | +31.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Plum 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 33.3%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Plum in April 2024, up by 50.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 28% were sold at asking, and 33% were sold over asking.
Days on Market for Plum, PA
How long does it take to sell a home in Plum, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 46 Days | +1.6% |
Summary: Homes in Plum had an average of 46 days on market in Apr 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Plum; 39% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.