Is Glassport, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Glassport has remained a Seller's Market.
Key Takeaway
Glassport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glassport, PA
How much do homes in Glassport, PA cost?
Median Sold Price
$107,450
$65/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Glassport have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in Glassport was $107,450 in May 2024, up 17.4% from last year, and the median price per square foot was $65.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32.5K | $15K | -53.8% |
| 2 Bedrooms | $65K | $75.9K | +16.8% |
| 3 Bedrooms | $95K | $110.7K | +16.6% |
| 4 Bedrooms | $114K | $125K | +9.6% |
| 5+ Bedrooms | $122.5K | - | N/A |
Summary: Glassport housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.8%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Glassport | $91.5K | $107.4K | +17.4% |
| McKeesport | $109.9K | $104.7K | -4.8% |
| Port Vue | $123.4K | $113K | -8.5% |
| Liberty | $138K | $118K | -14.5% |
Housing Supply in Glassport, PA
How many homes are available in Glassport, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The Glassport real estate market had 26 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Glassport 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 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glassport, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Glassport in May 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Glassport, PA
How long does it take to sell a home in Glassport, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 60 Days | 31 Days | -48.4% |
Summary: Homes in Glassport had an average of 31 days on market in May 2024, down by 48.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glassport are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Glassport; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
