Is Allison Park, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allison Park is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Allison Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Allison Park, PA

How much do homes in Allison Park, PA cost?

Median Sold Price

$366,750

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,750(+9.5%)

Key Takeaway

Homes in Allison Park have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Allison Park was $366,750 in November 2024, up 9.5% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $230K$261.5K
+13.7%
3 $290K$326.4K
+12.6%
4 $416K$515K
+23.8%
5+ $561.5K$677.5K
+20.6%

Summary: Allison Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Cities

Glenshaw
+12.4%
Allison Park
+9.5%
Hampton Township
+6.9%
McCandless Township
+4.2%
Gibsonia
-1.9%

Housing Supply in Allison Park, PA

How many homes are available in Allison Park, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7273+1.4%

Summary: The Allison Park real estate market had 73 homes for sale in November 2024, a 1.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 3835
-7.9%
4 1922
+15.8%
5+ 56
+20.0%

Summary: The Allison Park 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 7.9%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allison Park, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Allison Park in November 2024, up by 16.7% month-over-month. Of the 21 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for Allison Park, PA

How long does it take to sell a home in Allison Park, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days30 Days+46.6%

Summary: Homes in Allison Park had an average of 30 days on market in Nov 2024, up by 46.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 21 homes were sold in Allison Park; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% 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 Allison Park, PA

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