$3,432 Closing Credit*
$289,000
3 Beds
•1 Full Bath
Kim Reynolds, Listing Office: Century 21 American Heritage
Is Allegheny Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Allegheny Township was a Seller's Market.
Key Takeaway
Allegheny Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Allegheny Township, PA
How much do homes in Allegheny Township, PA cost?
Median Sold Price
$231,500
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,500(+12.9%)
Key Takeaway
Homes in Allegheny Township have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Allegheny Township was $231,500 in October 2024, up 12.9% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $137K | N/A |
| 2 Bedrooms | $171K | $157K | -8.2% |
| 3 Bedrooms | $205K | $219.9K | +7.3% |
| 4 Bedrooms | $290K | $365.4K | +26.0% |
| 5+ Bedrooms | $122.7K | - | N/A |
Summary: Allegheny Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 26%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Allegheny Township | $205K | $231.5K | +12.9% |
| West Leechburg | $159K | $170K | +6.9% |
| Leechburg | $150K | $155K | +3.3% |
| Leechburg | $150K | $155K | +3.3% |
Housing Supply in Allegheny Township, PA
How many homes are available in Allegheny Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Summary: The Allegheny Township real estate market had 20 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Allegheny Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Allegheny Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Allegheny Township in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Allegheny Township, PA
How long does it take to sell a home in Allegheny Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 38 Days | +117.8% |
Summary: Homes in Allegheny Township had an average of 38 days on market in Oct 2024, up by 117.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Allegheny Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Allegheny Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
