Is Sharon, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Sharon was a Seller's Market.
Key Takeaway
Sharon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sharon, PA
How much do homes in Sharon, PA cost?
Median Sold Price
$72,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sharon have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Sharon was $72,000 in May 2024, up 8.3% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $21K | - | N/A |
| 2 Bedrooms | $61.5K | $61K | -0.8% |
| 3 Bedrooms | $67.5K | $70K | +3.7% |
| 4 Bedrooms | $80K | $88.5K | +10.6% |
| 5+ Bedrooms | $89.2K | $217K | +143.1% |
Summary: Sharon 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 decreased by 0.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 143.1%.
Median Sold Price Compared To Nearby Cities
| Sharon | $66.5K | $72K | +8.3% |
| Hermitage | $176K | $190K | +8.0% |
| Brookfield Township | $120K | $117.8K | -1.8% |
| Farrell | $71.2K | $64.7K | -9.1% |
Housing Supply in Sharon, PA
How many homes are available in Sharon, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 60 | 58 | -3.3% |
Summary: The Sharon real estate market had 58 homes for sale in May 2024, a 3.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 37 | 37 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Sharon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sharon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Sharon in May 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Sharon, PA
How long does it take to sell a home in Sharon, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 74 Days | 78 Days | +6.2% |
Summary: Homes in Sharon had an average of 78 days on market in May 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sharon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Sharon; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.