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 seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Allegheny Township has remained a Seller's Market.

Key Takeaway

Allegheny Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Allegheny Township, PA

How much do homes in Allegheny Township, PA cost?

Median Sold Price

$159,000

$97/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$191,000(-54.6%)

Key Takeaway

Homes in Allegheny Township have sold for 54.6% less than they did a month ago.

Summary: The median home sold price in Allegheny Township was $159,000 in November 2024, down 54.6% from last month, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$80K
N/A
3 $350K$238K
-32.0%
4 --
N/A
5+ --
N/A

Summary: Allegheny Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 32%, 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

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The Allegheny Township real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Allegheny Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allegheny Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Allegheny Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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 2024Nov 2024CHANGE
4 Days54 Days+1262.5%

Summary: Homes in Allegheny Township had an average of 54 days on market in Nov 2024, up by 1262.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 2 homes were sold in Allegheny Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Allegheny Township, PA

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