Is Slippery Rock Township, 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, Slippery Rock Township was a Seller's Market.
Housing Prices in Slippery Rock Township, PA
How much do homes in Slippery Rock Township, PA cost?
Median Sold Price
$255,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Slippery Rock Township was $255,000 in May 2024, up 11.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37.5K | $121K | +222.7% |
2 Bedrooms | $165K | $229.5K | +39.1% |
3 Bedrooms | $241.4K | $255K | +5.6% |
4 Bedrooms | $345K | $420K | +21.7% |
5+ Bedrooms | $285K | $620K | +117.5% |
Summary: Slippery Rock Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 222.7%, 2 bedroom homes increased by 39.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 117.5%.
Housing Supply in Slippery Rock Township, PA
How many homes are available in Slippery Rock Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Summary: The Slippery Rock Township real estate market had 34 homes for sale in May 2024, a 9.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Slippery Rock 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 increased by 33.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Slippery Rock Township in May 2024, down by 33.3% month-over-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 Slippery Rock Township, PA
How long does it take to sell a home in Slippery Rock Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 33 Days | -19.0% |
Summary: Homes in Slippery Rock Township had an average of 33 days on market in May 2024, down by 19% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Slippery Rock Township; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.