Is Trafford, 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, Trafford has remained a Seller's Market.
Housing Prices in Trafford, PA
How much do homes in Trafford, PA cost?
Median Sold Price
$185,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Trafford was $185,000 in April 2024, up 18.2% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $108K | $153.5K | +42.1% |
3 Bedrooms | $165K | $189.9K | +15.1% |
4 Bedrooms | $186K | $196.2K | +5.5% |
5+ Bedrooms | - | $196K | N/A |
Summary: Trafford 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 increased by 42.1%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Trafford | $156.5K | $185K | +18.2% |
North Versailles Township | $131K | $138.3K | +5.6% |
Monroeville | $215K | $225K | +4.7% |
North Versailles | $137K | $138.7K | +1.3% |
North Huntingdon Township | $229.5K | $230K | 0.2% |
Housing Supply in Trafford, PA
How many homes are available in Trafford, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 23 | +35.3% |
Summary: The Trafford real estate market had 23 homes for sale in April 2024, a 35.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 2 | 6 | +200.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Trafford 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Trafford in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Trafford, PA
How long does it take to sell a home in Trafford, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 40 Days | -33.7% |
Summary: Homes in Trafford had an average of 40 days on market in Apr 2024, down by 33.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Trafford; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.