Is Emsworth, 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, Emsworth was a Buyer's Market.
Key Takeaway
Emsworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Emsworth, PA
How much do homes in Emsworth, PA cost?
Median Sold Price
$220,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Emsworth have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Emsworth was $220,000 in May 2024, up 4.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | - | N/A |
| 2 Bedrooms | $150K | $152.2K | +1.5% |
| 3 Bedrooms | $240K | $234.5K | -2.3% |
| 4 Bedrooms | $233.1K | $265K | +13.7% |
| 5+ Bedrooms | $250K | - | N/A |
Summary: Emsworth 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 increased by 1.5%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Emsworth | $210K | $220K | +4.8% |
| Ben Avon | $384K | $338.5K | -11.8% |
Housing Supply in Emsworth, PA
How many homes are available in Emsworth, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Emsworth real estate market had 9 homes for sale in May 2024, a 28.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Emsworth 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Emsworth, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Emsworth in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Emsworth, PA
How long does it take to sell a home in Emsworth, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 53 Days | 35 Days | -34.0% |
Summary: Homes in Emsworth had an average of 35 days on market in May 2024, down by 34% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Emsworth are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Emsworth; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
