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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allegheny Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Allegheny Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Allegheny Township, PA

How much do homes in Allegheny Township, PA cost?

Median Sold Price

$182,450

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$59,450(+48.3%)

Key Takeaway

Homes in Allegheny Township have sold for 48.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $94K$90K
-4.3%
3 $375.1K$274.9K
-26.7%
4 $138K-
N/A
5+ --
N/A

Summary: Allegheny Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Allegheny Township, PA

How many homes are available in Allegheny Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1921+10.5%

Summary: The Allegheny Township real estate market had 21 homes for sale in December 2024, a 10.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 79
+28.6%
4 55
0.0%
5+ 22
0.0%

Summary: The Allegheny Township housing inventory by bedroom type for December 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 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allegheny Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Allegheny Township in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% 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

Nov 2024Dec 2024CHANGE
37 Days53 Days+40.4%

Summary: Homes in Allegheny Township had an average of 53 days on market in Dec 2024, up by 40.4% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Allegheny Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Allegheny Township; 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.

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

Report Updated 4 Days Ago

Newest Listings in Allegheny Township, PA

Nearby Markets to Allegheny Township, PA