Is Carnegie, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carnegie is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Carnegie, PA

How much do homes in Carnegie, PA cost?

Median Sold Price

$220,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+7.3%)

Key Takeaway

Homes in Carnegie have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Carnegie was $220,000 in November 2024, up 7.3% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $83.4K$110K
+31.8%
2 $153K$145.6K
-4.8%
3 $239K$240K
0.4%
4 $229.9K$255.5K
+11.1%
5+ $259.5K$359.5K
+38.5%

Summary: Carnegie housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 38.5%.

Median Sold Price Compared To Nearby Cities

Robinson Township
+22.7%
Carnegie
+7.3%
Scott Township
+1.3%

Housing Supply in Carnegie, PA

How many homes are available in Carnegie, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5148-5.9%

Summary: The Carnegie real estate market had 48 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 86
-25.0%
3 3432
-5.9%
4 44
0.0%
5+ 55
0.0%

Summary: The Carnegie housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carnegie, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Carnegie in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for Carnegie, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days40 Days+6.4%

Summary: Homes in Carnegie had an average of 40 days on market in Nov 2024, up by 6.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Carnegie has remained consistent over time.

Summary: During November 2024, 11 homes were sold in Carnegie; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% 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 17 Days Ago

Newest Listings in Carnegie, PA

Nearby Markets to Carnegie, PA

What housing markets are near Carnegie, PA?