Is Stowe Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stowe Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Stowe Township was a Seller's Market.

Key Takeaway

Stowe Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stowe Township, PA

How much do homes in Stowe Township, PA cost?

Median Sold Price

$109,000

$65/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,500(+7.4%)

Key Takeaway

Homes in Stowe Township have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Stowe Township was $109,000 in April 2024, up 7.4% from last year, and the median price per square foot was $65.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$54.9K
N/A
2 $85.5K$55.4K
-35.2%
3 $100.5K$125K
+24.4%
4 $130K$115K
-11.5%
5+ $112.4K$76.5K
-32.0%

Summary: Stowe Township 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 35.2%, 3 bedroom homes increased by 24.4%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 32%.

Median Sold Price Compared To Nearby Cities

Bellevue
+17.5%
Mc Kees Rocks
+13.4%
Stowe Township
+7.4%
Avalon
-8.2%
McKees Rocks
-8.7%

Housing Supply in Stowe Township, PA

How many homes are available in Stowe Township, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2125+19.0%

Summary: The Stowe Township real estate market had 25 homes for sale in April 2024, a 19.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1114
+27.3%
4 33
0.0%
5+ 11
0.0%

Summary: The Stowe Township 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 20%, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stowe Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Stowe Township in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Stowe Township, PA

How long does it take to sell a home in Stowe Township, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days32 Days-37.0%

Summary: Homes in Stowe Township had an average of 32 days on market in Apr 2024, down by 37% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Stowe Township has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Stowe Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Stowe Township, PA

Nearby Markets to Stowe Township, PA

What housing markets are near Stowe Township, PA?